Similar authors to follow
Manage your follows
About Daniel Pecaut
Daniel Pecaut is a Harvard graduate whose insights have been featured in the New York Times, Money Magazine, Grant's Interest Rate Observer, Outstanding Investor Digest, and the Omaha-World Herald.
He has worked in investing for 30+ years and is Chairman and Chief Investment Officer of a successful investment firm, Pecaut & Company.
Customers Also Bought Items By
Titles By Daniel Pecaut
Will there ever be another investing book like this? It's unlikely.
University of Berkshire Hathaway is a remarkable retelling of the lessons, wisdom, and investment strategies handed down personally from Warren Buffett and Charlie Munger to shareholders during 30 years of their closed-door annual meetings.
From this front row seat, you'll see one of the greatest wealth-building records in history unfold, year by year.
If you're looking for dusty old investment theory, there are hundreds of other books waiting to cure you of insomnia. However, if you're looking for an investing book that's as personal as it is revelatory, look no further.
Packed with Buffett and Munger's timeless, generous, and often hilarious wisdom, University of Berkshire Hathaway will keep serious investors turning pages late into the night:
- Get unique insight into the thinking, strategies, and decisions--both good and bad--that made Buffett and Munger two of the world's greatest investors.
- Understand the critical reasoning that leads Buffett and Munger to purchase a particular company, including their methods for assigning value.
- Learn the central tenets of Buffett's value-investing philosophy "straight from the horse's mouth."
- Enjoy Munger's biting wit as he goes after any topic that offends him.
- Discover Buffett's distaste for "commonly accepted strategies" like modern portfolio theory.
- See why these annual meetings are often called "an MBA in a weekend."
During one particularly bad winter, Daniel's health started deteriorating rapidly in a downward spiral that lasted months. This free fall lasted until a life-altering appointment at the Mayo Clinic gave him the diagnosis: Bronchiectasis.
But their only advice for him going forward was, "Don't get sick."
Realizing his doctors had written him off, Daniel went into denial. His situation was dire--he was dying. But if he wanted to live, he had to take control of his health. Daniel built a healing dream team, including a medical concierge, and started moving slowly but surely on the journey to optimum health.
As his story progresses, Daniel describes in great detail the tips and treatments he learns along the way. He describes how he found them, how he used them and what each of them did for him. The combined results of which were life-changing.
After 18 months of following his regime every day, he regained his vitality and energy. Instead of waking up exhausted after sleeping for 14 hours, he now felt rested after eight. Instead of getting winded while walking, he could comfortably run a 10K (6.2 miles) in an hour. He increased his lung capacity and cleared out the mucus in his lungs and sinuses. In the end, he was finally able to breathe deeply and easily once again.
His resounding victory is proof that you don't have to lie down and suffer in the face of debilitating illness.
"I'm spiritual, not religious." I've heard this a zillion times. I've even said it myself. Yet, if we are spiritual, what are we doing about it? What is our practice?
This is one of the great struggles of our modern era.
There is much that has discredited conventional religion. However, it is not enough to simply distance oneself from old-line religious practices.
We need to find spiritual paths that are robust enough to meet us where we are and take us where we need to go.
How does one find such a path and pursue it with integrity?
For me, Zen is an answer.
Instead of being a dogma or set of beliefs, Zen is a practice. Zen is the art of being still and experiencing the deepest truth of who we are. This is simple, but not easy.
The practice of Zen offers structure with teachers, teachings, and community (called sangha). I find these elements essential and a much-needed antidote to our "do-it-yourself" culture.
I am eternally grateful to my teachers for their fierce love, deep insights, and compassionate encouragement.
My path began with Jun Po Roshi of the Hollow Bones/Mondo Zen order. He introduced me to Rinzai Zen and his brilliant Mondo Zen Koan process. I eventually received ordination from him as a Rinzai Zen priest in 2014. His words still ring in my head and heart, continuing to guide me in my practice--even though he passed away in 2021.
In recent years, his student, Doshin Roshi, has been my primary teacher. Doshin Roshi is the founder of Integral Zen. He has deepened Jun Po's Mondo Zen Koan process by integrating shadow, trauma, and attachment work into the practice.
In 2009, I started my own local zen meditation group, Siouxland Zen. This group has been a great blessing to me in supporting and evolving my own Zen practice. Twelve years later, we still sit every Monday and Wednesday evening (with special gatherings and retreats along the way).
Each week, I have written them notes of encouragement and personal reflections inspired by poetry and prose from sages (past and present). This book compiles a selection of those lessons here. As you will see, the influence of my teachers is woven throughout.
This book is a gentle encouragement to give Zen a try.
Above all, Zen is experiential. Only by sitting in stillness will you have any idea what all the fuss is about. One sit. One taste. That's all it takes. Once you've had the experience, you can decide for yourself whether Zen practice is for you.
If you already have a meditation practice, it's an encouragement to go deeper.
Here's hoping this little book will inspire you to sit!
Daniel Pecaut und Corey Wrenn haben quasi stellvertretend für ihre Leser regelmäßig die Aktionärstreffen beim "Orakel von Omaha" besucht und mitgeschrieben. "University of Berkshire Hathaway" ist das Skript von 20 Jahren Omaha. Die Autoren zitieren die wichtigsten Aussagen der Investment-Gurus, ordnen ein und erklären Hintergründe. Ein geniales "Tagebuch" für alle Buffett- und Munger-Fans und ein unverzichtbarer Ratgeber für alle Value-Investoren.