Warren Buffett's Corporation: Reconnecting Owners and Managers
Washburn University School of Law
September 21, 2008
Oklahoma City University Law Review, Vol. 34, No. 3, 2009
Warren Buffett, for many years the wealthiest financier in the United States, is once again in the news, both for making money in the midst of the credit crisis, and as the subject of a major biography. Perhaps the best way to begin understanding Buffett's significance for American capitalism, however, is not through journalism or biography, but through Buffett's own thinking and writing about business. The recently issued THE ESSAYS OF WARREN BUFFETT: LESSONS FOR CORPORATE AMERICA, selected, arranged and introduced by Lawrence Cunningham, provides a marvelous introduction to Buffett's thinking on investing, corporate governance, and many other aspects of business life. This book review essay summarizes some of the major themes in Buffett's thought, and argues that, in a time of financial abstraction and shifting risk, there is much to be said for insisting on plain speaking and taking responsibility.
Number of Pages in PDF File: 34
Keywords: Buffett, Cunningham, Business, Finance, Corporations, Berkshire, Accounting
Date posted: September 23, 2008 ; Last revised: September 13, 2010