Buffett's Bites: The Essential Investor's Guide to Warren Buffett's Shareholder Letters

INVESTING PRINCIPLES FROM THE MASTER
Ignore Sound Bites That Rattle Markets
Treat Market Pessimism as Your Friend
Do the Little Things Right
Protect Your Capital When the Facts Turn Upside Down
Rely on CEOs Who Nurture Healthy Corporate Cultures Remember That Large, Unfathomable Derivatives Are Still Financial Weapons of Mass Destruction
Seek Simplicity and Candor

Each year pundits, reporters and financial analysts search for clues in Warren Buffett's shareholder letter after it is released on the Internet. They sift through Buffett's reports, looking for predictions on the direction of the economy and his company, Berkshire Hathaway. In 2009, they misread Buffett's tea leaves and misled readers about Buffett's true understanding of economic recovery.

In Buffett's Bites, The Essential Investor's Guide to Warren Buffett's Shareholder Letters, L.J. Rittenhouse sets the record straight. She shows readers how to find the real gold in Buffett's communications: his economic principles. Rated A+ by Buffett for saying the most with the fewest number of words, Buffett's Bites is essential reading for all who want to protect their wealth from future financial devastation. It reveals how to avoid entitlement-driven CEOs and find leaders who steward investor capital.

Berkshire's eye-popping results - a 45-year book value compounded increase of 434,057 percent versus only 5,430 percent for the S&P 500 - prove that Buffett's capital allocation strategy is a winning formula. Still, many capitalists either won't or can't hear his ideas. Could this techno-phobic, genial host of the Berkshire annual meeting be a revolutionary? Is this why he calls his meeting the Woodstock of Capitalism? Rittenhouse shows how to read between the lines of Buffett's letters and find a man who wants to be regarded less for his wealth and more for the way he made it.