Contents

Preface

Acknowledgments

1 The Real Warren Buffett

Part I: People Leader

2 Berkshire Hathaway and the Institutional Imperative

3 Leadership and the Allocation of Capital

4 Making Acquisitions Work

5 Insurance: Warren Buffett’s Bank

Part II: Capital Manager

6 The Man for All Seasons

7 The Circle of Competence

Part III: To Act Like an Owner

8 The User’s Manual

9 The Circle of Illusory Competence

10 Future Knowable

References

Index