Of Permanent Value: The Story of Warren Buffett/More Wealth Builders

Of Permanent Value chronicles Warren Buffett's journey and the principles that shaped his investment philosophy and business success. The book provides an in-depth examination of Buffett's key decisions and partnerships, particularly his relationship with Charlie Munger. The narrative traces Buffett's evolution from his early days in Omaha through the growth of Berkshire Hathaway into a global powerhouse. Insights from colleagues, family members, and business associates create a comprehensive picture of Buffett's approach to value investing and business management. The text incorporates primary sources, including letters to shareholders and previously unpublished materials, to document Berkshire Hathaway's development. Charlie Munger's influence and contributions receive specific focus throughout the account. This biographical work illustrates the power of long-term thinking and disciplined investment strategies in building lasting wealth. The exploration of Buffett and Munger's partnership demonstrates how complementary minds can create exponential results through patient, rational decision-making.

Many readers found this biography lacks structure and organization, with a scattered approach to presenting information about Warren Buffett. Readers noted the book contains valuable historical documents and rare photos, but several complained about the writing quality and editing. Liked: - Detailed research and historical records - Coverage of lesser-known aspects of Buffett's career - Inclusion of original documents and letters - Extensive photo collection Disliked: - Disorganized presentation - Writing needs better editing - Hard to follow chronology - Some readers found it repetitive - Paper quality and binding issues reported Ratings: Goodreads: 4.0/5 (102 ratings) Amazon: 3.8/5 (28 reviews) One Amazon reviewer wrote: "The content is fascinating but it reads like a rough draft." Another noted: "This book would benefit from professional editing, but the primary source material is excellent." Several readers recommended skimming rather than reading cover-to-cover due to the fragmented structure.

The Snowball: Warren Buffett and the Business of Life by Alice Schroeder This biography chronicles Buffett's life, investment philosophy, and business decisions through extensive interviews and primary sources.

Poor Charlie's Almanack: The Wit and Wisdom of Charles T. Munger by Peter D. Kaufman The book compiles Munger's lectures, talks, and writings on mental models, decision-making, and investment principles.

The Intelligent Investor by Benjamin Graham Graham's investment philosophy forms the foundation of Buffett's approach to value investing and market analysis.

The Essays of Warren Buffett: Lessons for Corporate America by Lawrence A. Cunningham This collection organizes Buffett's annual letters to Berkshire Hathaway shareholders by theme to present his business and investing principles.

Seeking Wisdom: From Darwin to Munger by Peter Bevelin The book examines the thinking processes and mental models used by Munger and Buffett through scientific, philosophical, and psychological perspectives.

🔸 The book's author, Andrew Kilpatrick, was a stockbroker who spent over 30 years researching and documenting Warren Buffett's life and investment strategies, making multiple revisions to capture new developments. 🔸 Charlie Munger, who features prominently in the book, has never written his own autobiography despite being Berkshire Hathaway's Vice Chairman and Buffett's right-hand man for over 40 years. 🔸 The book grew from 800 pages in its first edition (1994) to over 2,000 pages in later editions, reflecting Buffett's continuing influence and achievements in the business world. 🔸 The original edition sold out quickly despite having no major publisher or marketing campaign, spreading mainly through word-of-mouth among investment professionals. 🔸 Warren Buffett himself has praised the book's accuracy and thoroughness, noting that it contains details about his life and business dealings that even he had forgotten about.