Buffett & Munger

Lessons from the Masters of Value Investing

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1   Link   Berkshire Hathaway
Berkshire Hathaway's website has the User Manual for its stock owners and most importantly Warren Buffett's Shareholder Reports
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2   Link   Susan Thompson Buffett Foundation
The Buffett Foundation is the charitable organizatioWarren Buffett as a vehicle to manage his charitable giving. It was renamed Susan Thompson Buffett Foundation in honor of his wife Susan Buffett.
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3   Link   Wesco
Wesco Financial is largely owned by Berkshire Hathaway. Wesco's chairman is Charlie Munger. Munger's shareholder letters are on this site.
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" I don't have a problem with guilt about money. The way I see it is that my money represents an enormous number of claim checks on society. It's like I have these little pieces of paper that I can turn into consumption. If I wanted to, I could hire 10,000 people to do nothing but paint my picture every day for the rest of my life. And the GNP would go up. But the utility of the product would be zilch, and I would be keeping those 10,000 people from doing AIDS research, or teaching, or nursing. I don't do that though. I don't use very many of those claim checks. There's nothing material I want very much. And I'm going to give virtually all of those claim checks to charity when my wife and I die. "

Warren Buffett



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