This week, I summarize the key takeaways from Warren Buffett’s 1959 letter to this limited partners from his Buffett Partnership days. Warren Buffett wrote letters to his partners to inform them about his though process, investments, performance, etc. The Buffett partnership letters help us get an idea of what Warren Buffett’s investment style was like back when he has small sums of money. In 1956, when he was just 25 years old, Warren Buffett formed Buffett Partnership. He started with $105,100 and 7 limited partners; Buffett himself put in $100. By the end of 1968, the overall gain of the partnership was $40,032,691. As of 2020, Warren Buffett’s net worth is $82.3 billion.
Here is the ~3 minute video summarizing his 1959 letter:
If you found my video above helpful and interesting, please do like, share, and subscribe to the YouTube channel.
References:
Buffett Partnership Letters: here
Useful Resources here.
You can sign up for our free mailing list here. Like us on our Facebook page here. Subscribe to our YouTube channel. Thank you!
Superior North LLC’s content is for educational purposes only. The calculators, videos, recommendations, and general investment ideas are not to be actioned with real money. Vyom Joshi is not a professional money manager or a financial advisor. Contact a professional and certified financial advisor before making any financial decisions. Please review the Disclaimer and Terms and Conditions.
Superior North LLC 