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Recommend Buffett Partnership Letters, Part 1 (Email)

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The market is unkind to the impatient.  To endure violent market travails with robotic control is a cruel quest.  Even more complex is mastering the counter-intuition that calls rising stocks a sell, and declining equities a buy.  Inarguably, no one has mastered the art of "wait" like Warren Buffett.  Widely known is the wealth generated from his Berkshire Hathaway outfits. In less circulation are the original partnerships that served as training ground for what would be accomplishments of unimaginable scale. 

Buffett Partnership, Ltd. was in operation from 1957-1969. It consisted of a small group of invited partners for whom Buffett invested, and managed assets.  During this time, multiple well-written partnership letters were produced. A diligent reading of his words almost 50 years later leaves one with a new found respect, not for his wealth, but his mind. If success leaves clues, Buffett has unknowingly provided a forward-leaning past. He sheds a wisdom that could seamlessly be inserted into a Wharton classroom.  Let’s magnify closer his inadvertent investment guide.


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