In the third edition of this international best seller, Lawrence Cunningham brings you the latest wisdom from Warren Buffett’s annual letters to Berkshire Hathaway shareholders. New material addresses:

• the financial crisis and its continuing implications for investors, managers and society;
• the housing bubble at the bottom of that crisis;
• the debt and derivatives excesses that fueled the crisis and how to deal with them;
• controlling risk and protecting reputation in corporate governance;
• Berkshire’s acquisition and operation of Burlington Northern Santa Fe;
• the role of oversight in heavily regulated industries;
• investment possibilities today; and
• weaknesses of popular option valuation models.
• Some other material has been rearranged to deepen the themes and lessons that the collection has always produced:
• Buffett’s “owner-related business principles” are in the prologue as a separate subject and
• valuation and accounting topics are spread over four instead of two sections and reordered to sharpen their payoff.

• The Intelligent Investor, Rev. Ed
• Business Adventures
• The Outsiders: Eight Unconventional CEOs and Their Radically Rational Blueprint for Success
• Security Analysis: Sixth Edition, Foreword by Warren Buffett (Security Analysis Prior Editions)
• One Up On Wall Street: How To Use What You Already Know To Make Money In (A Fireside book)