Dear visitor, we are happy to announce that we managed to find the often difficult to find, Warren Buffett “Letters to Shareholders” – 1970 - 1976. We received permission from Berkshire Hathaway to make these letters available to our Fan Club members. Only members will be able to access this link to our website to read these documents in PDF Format.

This month we found 28 articles about Warren Buffett. If you benefited from receiving this free e-mail and want your colleagues, family or friends to share your excitement about Warren Buffett, please refer them here.

All the best

Rian Maartens
Founder & Executive Editor
 
The Warren Buffett Monthly Newsletter
 
August Edition - Issue # 27
 Warren Buffett is a better investor than you...
Seriously, Warren Buffett is a better Investor than you - The Motley Fool, 30 July 2008
At 77 years old, Warren Buffett is no spring chicken. The fact is, most people his age are looking to get money out of the market rather than put money in it. Yet Buffett is continuing his life's work - undeterred by age - in the same way he always has.

See, in helping privately held Mars buy Wrigley a couple of months back, Buffett made a deal with zero liquidity in sight. That's precisely the opposite of virtually all investors in private companies (particularly venture capitalists), who demand a clear path to liquidity from the start. 

The Oracle of Omaha has long preached that the long term is the only view for an investment - even if the investor is beyond retirement age. He's said before that his ideal holding period is "forever" and the Mars-Wrigley-Berkshire deal is yet another example of Buffett putting that theory into practice.

Yet most investors have not learned this lesson. Recent NYSE data showed that the average holding period for a stock is now less than one year.  Read more...
 Upcoming Events
2nd Annual South African Value Investor Conference
Wednesday, 29 October 2008 (Johannesburg, South Africa)
Friday, 31 October 2008 (Cape Town, South Africa)
More information or book your seat


2009 Berkshire Hathaway Annual Shareholders Meeting

Qwest Center Omaha, Nebraska
Saturday, 2 May 2009
Details on their website
 Berkshire Hathaway's Acquisitions
EU approves Mars buy of Wrigley - Guardian, 28 July 2008
M&M's candy maker Mars Inc of the United States won unconditional permission from the European Commission on Monday to purchase the U.S. No. 1 chewing gum manufacturer Wm Wrigley Jr Co for $23 billion.

The CAPS screen: 5 Warren Buffett stocks - The Motley Fool, 21 July 2008
Warren Buffett made his vast fortune buying companies with wide and durable "moats" -- long-term, sustainable competitive advantages. His Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B) purchases companies that have the ability to keep competitors at bay and thus maintain unusually high levels of profitability.

Warren Buffett's Bud beer money: $2.5 billion - CNBC, 14 July 2008
Warren Buffett's Berkshire Hathaway will get almost $2.5 billion in cash as part of InBev's now friendly $50 billion deal to acquire Anheuser-Busch.

Buffett Bond Insurer perceived strongest, Citi says - Bloomberg.com, 14 July 2008
Berkshire Hathaway Assurance Corp., the bond insurance company created six months ago by billionaire investor Warren Buffett, is the "strongest'' among insurers retaining top credit ratings, Citigroup Inc. said.

Warren Buffett's Berkshire Hathaway teams with Kuwait in $15B Dow chemical deal - CNBC, 10 July 2008
Warren Buffett's Berkshire Hathaway is helping to finance Dow's just-announced deal to buy specialty chemical maker Rohm and Haas for over $15 billion in cash.

Warren Buffett gets busy - CNNMoney.com, 10 July 2008
American consumers aren't the only ones going shopping. So is Warren Buffett. Stocks initially rose Thursday morning thanks to better-than-expected sales reports from Wal-Mart (WMT, Fortune 500) and other top retail chains.

5 stocks on Buffett watch - The Motley Fool, 09 July 2008
Warren Buffett disciples are always wondering which stock the Oracle of Omaha will add to the Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B) portfolio next.

What Buffett is buying next - The Motley Fool, 03 July 2008
Every so often, Berkshire Hathaway (NYSE: BRK-A) Chairman Warren Buffett meets with business-school students. Because so few people ever get to sit down with the Oracle of Omaha, those who do have a responsibility to take good notes.
 Warren Buffett - The Investor
Why Warren Buffett chose Coca-Cola - TheStar, 30 July 2008
Given the weak stock market, we think now is the best time to search for the good and solid blue-chip stocks for long-term investment. However, most investors always have difficulties in choosing the right stocks.

Make every shot count - Times Online, 30 July 2008
Warren Buffett, the great US fund manager, often tells audiences of investors that he has a simple, if radical way of improving their returns.

Buffett's 5 cardinal rules of investing and trading - Seeking Alpha, 27 July 2008
I was ruminating about some mistakes I’ve made in my early years of investing (like not buying Hollywood video when it was a penny stock in early 2000 and rose to $26, before it eventually was acquired by Movie Gallery (MOVI)).

What you can - and can't - learn from Warren Buffett - Seeking Alpha, 26 July 2008
I am a complete sucker for investment books. My wife accuses me of owning several thousand books that have essentially the same title, usually some variant of Value Investing, valuation, or intrinsic value, or securities analysis.

Has the Berkshire annual meeting "jumped the shark"? - The Motley Fool, 22 July 2008
Has the Berkshire Annual Meeting "Jumped the Shark"?
 General News
Berkshire Hathaway's Q2 Earnings Release Set For August 8 - CNBC, 31 July 2008
Warren Buffett's Berkshire Hathaway tells us the holding company's second quarter earnings report will be released after the closing bell a week from tomorrow, on Friday, August 8.

Buying Berkshire - SeekingAlpha, 30 July 2008
I'm not really a stock-market kinda guy, but there's a handful of individual stocks, foremost among them Apple (AAPL), which seem to be able to transcend financial-asset status and be of interest to a much broader audience, including me. And one of those stocks is Berkshire Hathaway.

Berkshire Hathaway Finance launches $1 bln 5-yrs - Reuters, 30 July 2008
Berkshire Hathaway Inc's (BRKa.N: Quote, Profile, Research, Stock Buzz) Berkshire Hathaway Finance Corp on Wednesday launched $1 billion of five-year senior notes, said a market source familiar with the sale.

US election: Buffett joins Obama to solve economic crisis - Guardian, 29 July 2008
Barack Obama was joined by the world's wealthiest person, Warren Buffett, and a number of entrepreneurs, economists and union leaders for a summit in Washington yesterday to find ways out of America's economic crisis.

CBS Relays Obama-Backer Buffett's Specious Claim Rich Under-Taxed - NewsBusters, 29 July 2008
Missing a golden opportunity to correct a specious presumption of Barack Obama and his liberal supporters that the wealthy are under-taxed, CBS reporter Chip Reid on Monday night highlighted how “ending the Bush tax cuts for people making more than $250,000 a year and using the money for a tax cut for the middle class” is one of Obama's highest priorities.

Florida hands Warren Buffett the cash - maybe - OrlandoSentinel, 29 July 2008
The Florida Cabinet gave final approval Tuesday to the deal with Warren Buffett's Berkshire Hathaway conglomerate that pays $224 million for a promise of big loans after future hurricanes.

Berkshire's 25% plunge has Buffett bulls screaming 'buy' - CNBC, 28 July 2008
Warren Buffett's Berkshire Hathaway hit a new milestone today (Monday) in a descent that had already put the stock into a 'bear market.'

Will Buffett regret selling Western Union? - The Motley Fool, 22 July 2008
Patience. It’s the one thing you need when you own shares in a great business. Case in point: Inside Value recommendation Western Union (NYSE: WU). The company went through a challenging period in 2006 and 2007 as immigration became a national priority, hurting its U.S.-to-Mexico business.

Warren Buffett's Sun Valley thoughts - CNBC, 10 July 2008
The Oracle of Omaha is a regular institution at the Allen + Co conference, and always a hot commodity among the media and tech CEOs here. Buffett makes a point to say how much he loves the gathering, especially all the free hamburgers!

Low-tech Warren Buffett "probably" getting Amazon's high-tech e-book reader - CNBC, 09 July 2008
Warren Buffett's reputation as a technophobe may be cracking. Today he told CNBC he'll "probably" get an Amazon Kindle as he "edges" into 21st century technology.

Follow Buffett to the bookies - Financial Times, 05 July 2008
I've never been one for gambling, but even I was tempted to back a very recent bet made by the Sage of Omaha, Warren Buffett.

Bear market buffets Berkshire investors - Business Report, 03 July 2008
It must be a bear market, because as of yesterday, even billionaire Warren Buffet's Berkshire Hathaway had shed almost 20 percent since December.

Warren Buffett's advice to young people seeking financial independence - CNBC, 03 July 2008
Warren Buffett has some advice for young people, like college students, who want to remain financially independent. It's not new and its not a surprise, but it is solid counsel on avoiding a very common money pitfall, and worth repeating.

Warren Buffett's annual stock gift to Gates Foundation worth $1.8B this year - CNBC, 03 July 2008
Warren Buffett's annual gift to the Bill and Melinda Gates Foundation of Berkshire Hathaway stock is worth just over $1.8 billion this year, about two percent more than last year's donation.
 
 Interesting Facts
Buffett becomes the richest man in the world according to Forbes, dethroning Bill Gates, who held the title for thirteen years straight. He characterizes the famous saying that generally "Slow and Steady Wins the Race".

His case can also be compared to John D. Rockefeller who too had started from the bottom of the pyramid (as a book-keeper) and went on to become the world's richest man at around the same age (77 years).

Source: Wikipedia.org
 Featured Product
How to Build Wealth Like Warren Buffett (Audio Pack)
Buy this Audio Pack directly from Ipic Group (Authorised Seller)  

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By: Robert P. Miles

 Book of the Month
Buffett: The Making of an American Capitalist
 

By: Roger Lowenstein

To view a full list of Warren Buffett-related books visit our website.

 Letters to Shareholders
The Warren Buffett International Fan Club has managed to acquire Warren Buffett's Letters to Shareholders for 1970 - 1976 which are not available on the Berkshire Hathaway website. Click on the links below to read the letters.

1970 - 1973 (7Mb)

1973 - 1976 (800Kb)


Please note: this material is copyrighted and used with permission of the author.
 Quote of the Month
"Wouldn't it be great if we could buy love for $1 million. But the only way to be loved is to be lovable. You always get back more than you give away. If you don't give any, you won't get any. There's nobody I know who commands the love of others who doesn't feel like a success. And I can't imagine people who aren't loved feel very successful."  Warren Buffett
 The WarrenBuffett.co.za Team
Rian Maartens
(Founder & Executive Editor)
Marissa Knibbs
(Newsletter Editor)
Martin Cronje
(Website & Technical)
 Final Words
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