#227 The Essays of Warren Buffett

What I learned from reading The Essays of Warren Buffett by Warren Buffett and Lawrence Cunningham. ---- Get access to the World’s Most Valuable Notebook for Founders at Founders Notes.com ---- [1:39] Founders #88 Warren Buffett’s shareholder letters — All of them! [2:36] Buffet and Charlie Munger built this sprawling enterprise by investing in businesses with excellent economic characteristics and run by outstanding managers. [5:21] Founders #224  Charles de Gaulle by Julian Jackson [5:41] Books on Henry Singleton: The Outsiders: Eight Unconventional CEOs and Their Radically Rational Blueprint for Success and Distant Force A Memoir of the Teledyne Corporation and the Man Who Created It [7:06] Founders #226 Heroes: From Alexander the Great and Julius Caesar to Churchill and de Gaulle by Paul Johnson [8:03] Founders #34 Creativity, Inc.: Overcoming the Unseen Forces That Stand in the Way of True Inspiration by Ed Catmull [9:19] Give a good idea to a mediocre team, and they will screw it up. Give a mediocre idea to a great team, and they will either fix it or come up with something better. [9:58] Founders #208 In The Company of Giants: Candid Conversations With the Visionaries of the Digital World [11:11] Run your business as if: You own 100% of it It's the only asset that you hold You can’t sell it for 50 years [14:04] Buffett’s essays are sprinkled with historical reference points, especially economic history. He reflects the importance of understanding the past to handle the present and navigate the future. [16:04] A main theme of Buffett: Identify good ideas and then concentrate your resources around them. [16:54] Buffett’ Shareholder Letters on Kindle [23:44] Founders #104 Leading By Design: The IKEA Story  [24:53] Founders #93 and Founders #222 A Man for All Markets: From Las Vegas to Wall Street, How I Beat the Dealer and the Market [27:19] Businesses seldom operate in a tranquil, no surprise environment and earnings simply don't advance smoothly. [29:28] Found