The Warren Buffett Business Factors

Cesar Labitan, Jr. MD (an MBAE student at Purdue University – Calumet) has assembled a collection of selected passages from the letters of Warren E. Buffett to the Shareholders of Berkshire Hathaway Inc. The idea was borrowed from Professor Lawrence Cunningham’s 1997 book, “The Essays of Warren Buffett: Lessons for Corporate America” but differs from that book in the manner and order the sections are presented to the reader. This book presents Mr. Buffett’s business teachers first and then progresses into Mr. Buffett’s documented business thoughts and ideas. Finally, this book focuses on Mr. Buffett’s writings related to his four major investment selection criteria. Because Buffett “never wanted to take other parts of the report and package them for resale” this entire work is free and available through the Internet.

Editor’s Note: This book is also available for free in MS Word format. You can find it in the MBA Depot File Vault at:

Also of interest: you can find Warren Buffett’s annual letters to the shareholders of the Berkshire Hathaway company, going back to 1977 at:

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