Notes

Contents

1. “Owner Related Business Principles,” Berkshire Hathaway Inc. Owner’s Manual (1996).
2. Roger Lowenstein, Buffett: The Making of an American Capitalist (New York: Random House, 1995), 111.
3. Warren Buffett, letter to shareholders, Berkshire Hathaway Annual Report (2004), 23.
4. Warren Buffett, letter to shareholders, Berkshire Hathaway Annual Report (1988), 13.
5. Warren Buffett, letter to shareholders, Berkshire Hathaway Annual Report (2004), 4.
6. Warren Buffett, letter to shareholders, Berkshire Hathaway Annual Report (1984), 6.
7. Warren Buffett, “The Security I Like Best,” The Commercial and Financial Chronicle (December 6, 1951).
8. Warren Buffett, letter to shareholders, Berkshire Hathaway Annual Report (2005), 10.
9. Warren Buffett, letter to shareholders, Berkshire Hathaway Annual Report (2006), 8.
10. Warren Buffett, letter to shareholders, Berkshire Hathaway Annual Report (2006), 19.
11. “In His Own Words—Conversation with Charlie Rose,” PBS, May 2, 2004.
12. Roger Lowenstein, Buffett: The Making of an American Capitalist (New York: Random House, 1995), 389.
13. Carol J. Loomis, “The Inside Story of Warren Buffett,” Fortune (April 11, 1968).
14. Warren Buffett, letter to shareholders, Berkshire Hathaway Annual Report (1994), 7.
15. “In His Own Words—Conversation with Charlie Rose,” PBS (May 2, 2004).
16. Warren Buffett, letter to shareholders, Berkshire Hathaway Annual Report (1996), 13.
17. “In His Own Words—Conversation with Charlie Rose,” PBS (May 2, 2004).

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