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when I retired, I would write a book pulling together the elements of investment philosophy discussed in my memos. But in 2009, I got an email from Warren Buffett saying that if I'd write a book, he'd give me a blurb for the jacket. It didn't take me long to move up my timing. Columbia Business School Publish
my memos. But in 2009, I got an email from Warren Buffett saying that if I'd write a book, he'd give me a
much. Unsurprisingly, it also turned out that predictions of a flawless future can be wrong, as once-dominant companies such as Kodak, Polaroid and Xerox eventually went bankrupt or required turnarounds. Roughly ten years ago, everyone was gaga over real estate, especially residential. This was underp
telephone. Bill Gates, aged thirty-eight, is one of the richest men in the country--the richest in 1992, and the second richest, after the investor Warren Buffett, in 1993, with a fortune of six billion one hundred and sixty million dollars, according to Forbes. Last March, when he announced his engagement to
and the second richest, after the investor Warren Buffett, in 1993, with a fortune of six billion one hund
soft is by far the largest software company in the world. It has a market capitalization of twenty-three billion dollars--more than General Motors, Xerox, or I.B.M. To what extent Gates is mainly a product of I.B.M.'s blunder, and therefore a kind of historical accident, and to what extent he is the f
telephone. Bill Gates, aged thirty-eight, is one of the richest men in the country--the richest in 1992, and the second richest, after the investor Warren Buffett, in 1993, with a fortune of =six billion one hundred and sixty million dollars, according to Forbes. =Last March, when he announced his engagement t
nd the second richest, after the investor Warren Buffett, in 1993, with a fortune of =six billion one hund
osoft is by far the largest software company in the world. It has a market capitalization of twenty-three billion dollars--more than General Motors, Xerox, or I.B.M. To what extent Gates is mainly a product of I.B.M.'s blunder, and therefore a kind of historical accident, and to what extent he is the f
telephone. Bill Gates, aged thirty-eight, is one of the richest men in the country--the richest in 1992, and the second richest, after the investor Warren Buffett, in 1993, with a fortune of =six billion one hundred and sixty million dollars, according to Forbes. =Last March, when he announced his engagement t
nd the second richest, after the investor Warren Buffett, in 1993, with a fortune of =six billion one hund
osoft is by far the largest software company in the world. It has a market capitalization of twenty-three billion dollars--more than General Motors, Xerox, or I.B.M. To what extent Gates is mainly a product of I.B.M.'s blunder, and therefore a kind of historical accident, and to what extent he is the f
by the money printing rampage of the world's central banks is beginning to cool rapidly. What the old-ti=e Austrians called "malinvestment" and what Warren Buffet once referred=to as the "naked swimmers" exposed by a receding tide is now becoming all too appare=t and will get much worse before it gets better.
ok, Smith says that the Congress of 1978 was the watershed, first by the passing of the 401K legislation, as a favor for the executives of Kodak and Xerox because they wanted a new tax shelter for deferred compensation. And that it was never intended to be a retirement plan for the mass of Americans.40
Entities connected to both Warren Buffett and Xerox

Jeffrey Epstein
PERSON
Marc Rich
PERSONLeon Black
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Bill Clinton
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Prince Andrew
PERSON
Ghislaine Maxwell
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Melinda Gates
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Martha Stewart
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Robert Gates
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Vicky Ward
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Alan Dershowitz
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Prince Charles
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Donald Trump
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Jimmy Cayne
PERSON
George W. Bush
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New York
LOCATION
United States
LOCATION
John F. Kennedy
PERSON
New York City
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Michael Cohen
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