From the legendary vice-chairman of Berkshire Hathaway, lessons in investment strategy, philanthropy, and living a rational and ethical life. A timeless classic that will change how you approach life. There is a billion-dollar education inside this book. Shane Parrish, founder of Syrus Partners and Farnam Street Spend each day trying to be a little wiser than you were when you woke up, Charles T. Munger advises in Poor Charlie s Almanack. Originally published in 2005, this compendium of eleven talks delivered by the legendary Berkshire Hathaway vice-chairman between 1986 and 2007 has become a touchstone for a generation of investors and entrepreneurs seeking to absorb the enduring wit and wisdom of one of the great minds of the 20th and 21st centuries. Edited by Peter D. Kaufman, chairman and CEO of Glenair and longtime friend of Charlie Munger whom he calls this generation s answer to Benjamin Franklin this abridged Stripe Press edition of Poor Charlie s Almanack features a brand-new foreword by

For decades, thousands of people have gathered in Omaha, Nebraska for the Berkshire Hathaway AGM, and quizzed Warren Buffett and Charlie Munger on everything from the psychology of successful investors to the future of Coca-Cola and Apple. But unless you attended, for many years you only had access to what people could remember and report back from the meetings. In 2018, Berkshire released the archives of the annual meetings going back to 1994. Alex Morris―an equities analyst and financial writer―watched hundreds of hours of video from these annual meetings (as well as the six AGMs held since 2018), covering more than 1,700 questions asked by Berkshire Hathaway shareholders over the past 31 years. He then gathered, organized and edited the most interesting material into a comprehensive and accessible form. Buffett and Munger Unscripted is the result. From the art of intelligent capital allocation to the best ways to judge and compensate management, from understanding the nature of markets to embracing

Before I became “Phil Town, teacher of investing principles tomore than 500,000 people a year,” I was a lot like you: someone whoviewed individual stock investing as way too hard to dosuccessfully. As a guy who barely made a living as a river guide, Iconsidered the whole process pretty impenetrable, and I wasconvinced that to do it right you had to make it a full-time job.Me, I was more interested in having full-time fun. So I was tempted to do what you’re probably doing right now:letting some mutual fund manager worry about growing your nest egg.Let me tell you why that decision could one day make you absolutelymiserable.

Mergers and acquisitions represent a successful growthstrategy for many companies, but, while potentially profitable,M A transactions are complex and often risky. Covering thelatest trends, developments, and best practices for the post-Madoffera, this comprehensive, hands-on resource walks readers throughevery step of the process, offering practical advice for keepingdeals on track and ensuring postclosing integration success. Filledwith case studies and war stories illustrating what works and why,the third edition of "Mergers and Acquisitions from A to Z" offersvaluable tools, checklists, and sample documents, providing crucialguidance on: preparing for and initiating the deal; regulatoryconsiderations; due diligence; deal structure; valuation andpricing; and financing even during turbulent market conditions.M A transactions can quickly spell a company's doom if they arenot conceived and executed carefully, legally, and sensibly. Thisis the classic guide to mergers and acquisitions, now completelyupda

First published in 1934, Security Analysis is one of the mostinfluential financial books ever written. Selling more than onemillion copies through five editions, it has provided generationsof investors with the timeless value investing philosophy andtechniques of Benjamin Graham and David L. Dodd. As relevant today as when they first appeared nearly 75 yearsago, the teachings of Benjamin Graham, "the father of valueinvesting," have withstood the test of time across a wide diversityof market conditions, countries, and asset classes. This new sixth edition, based on the classic 1940 version, isenhanced with 200 additional pages of commentary from some oftoday's leading Wall Street money managers. These masters of valueinvesting explain why the principles and techniques of Graham andDodd are still highly relevant even in today's vastly differentmarkets. The contributor list includes: Seth A. Klarman, president of The Baupost Group, L.L.C. andauthor of Margin of Safety James Grant,

You know what happened during the financial crisis … now it istime to understand why the financial system came so close tofalling over the edge of the abyss and why it could happen again.Wall Street has been saved, but it hasn’t been reformed. What isthe problem? Suzanne McGee provides a penetrating look at the forces thattransformed Wall Street from its traditional role as acapital-generating and economy-boosting engine into a behemothoperating with only its own short-term interests in mind and withreckless disregard for the broader financial system and those whorelied on that system for their well being and prosperity. Primary among these influences was “Goldman Sachs envy”: theself-delusion on the part of Richard Fuld of Lehman Brothers,Stanley O’Neil of Merrill Lynch, and other power brokers (egged onby their shareholders) that taking more risk would enable theircompanies to make even more money than Goldman Sachs. Thathubris—and that narrow-minded focus on maximizing their

The classic guide to the securities markets, revised to reflectthe realities of a new millennium. In the past decade, thecomplicated world of investing has changed--dramatically. Stocks,Bonds, Options, Futures is now thoroughly revised and updated tohelp novice financial professionals as well as individualinvestors, who want a better understanding of the securitiesmarket, navigate this daunting new financial terrain withconfidence. Stuart Veale, an investment industry veteran andrespected author, provides an insider's look at the marketrealities of today and tomorrow. This reliable resource examines the impact of recentdevelopments and current trends in the various securities markets.Among the topics Veale covers and has updated in this secondedition are: Internet-based trading and analysis The adoption ofthe Euro Changes in the way OTC orders are executed The varioustypes of securities, including money market instruments, USTreasury Securities, bonds, mortgage-backed securities, and stocksReal world applic