Buffett's Early Investments

Buffett's Early Investments investigates ten investments that legendary investor Warren Buffett made in the 1950s and 1960s – earning him his first millions – and uncovers unique insights in the process.Using the same documents Buffett used when he made these investments, the author reveals the fascinating inside stories of:- How Philadelphia and Reading, Buffett’s largest investment in 1954, transformed from a declining coal company to a diversified conglomerate whose stock went up twentyfold due to the intervention of Buffett’s mentor, Ben Graham.- How Buffett and Charlie Munger made their first formal investment together in Hochschild-Kohn.- How corporate governance issues actually presented serious risk to Buffett’s 1966 investment in Walt Disney.Other investments analyzed include American Express, British Columbia Power, Cleveland Worsted Mills, Greif Bros, Marshall-Wells, Studebaker, and Union Street Railway. Not all of these investments worked out—this book shows why.Buffett’s Early Investments helps readers understand how history’s greatest ever investor really made his returns in the years where he produced his best numbers.