The Warren Buffett Way: The World’s Greatest Investor

Notes 227

price was thus approximately $16 billion in Berkshire stock, instead of $22

billion. Kilpatrick, Of Permanent Value(2000), 18.

5. Andrew Kilpatrick, Of Permanent Value: The Story of Warren Buffett
   ( Birmingham, AL: AKPE, 2004), 354.


6. Berkshire Hathaway Annual Report, 2000.


7. Special letter to shareholders, Berkshire Hathaway Quarterly Report, 2001.


8. Berkshire Hathaway Annual Report, 2003.


9. Robert Miles, The Warren Buffett CEO(Hoboken, NJ: Wiley, 2003), 70,
   quoted in Kilpatrick, Of Permanent Value(2004).


10. Quoted in Kilpatrick, Of Permanent Value(2004), 375.


11. Berkshire Hathaway Annual Report, 2001.


12. Berkshire Hathaway annual meeting 2001, quoted in Kilpatrick, Of Perma-
    nent Value(2004), 1358.


13. Berkshire Hathaway Annual Report, 1999, 6.

Chapter 4 Buying a Business

1.Fortune,October 31, 1994, quoted in Andrew Kilpatrick, Of Permanent

Value: The Story of Warren Buffett( Birmingham, AL: AKPE, 2004),

1340.

2. Quoted in Andrew Kilpatrick, Of Permanent Value: The Story of Warren
   Buffett( Birmingham, AL: AKPE, 2000), 14.


3. Kilpatrick, Of Permanent Value(2004), 498.


4. Berkshire Hathaway Annual Report, 2003, 19.


5. Monte Burke, “Trailer King,”Forbes(September 30, 2002), 72.


6. Berkshire Hathaway Annual Report, 2003, 5.


7. Ibid.
   8.Daily Nebraskan(April 10, 2003), quoted in Kilpatrick, Of Permanent Value
   (2004), 728.


8. Berkshire Hathaway Annual Report, 2003, 6.


9. Berkshire Hathaway Annual Report, 2002, 5.


10. From a talk given at the University of Florida, quoted in the Miami Herald
    ( December 27, 1998), quoted in Kilpatrick, Of Permanent Value(2004),


11. 
    


12. Berkshire Hathaway Annual Report, 1989, 17.


13. Robert Lenzner, “Warren Buffett’s Idea of Heaven: ‘I Don’t Have to Work
    with People I Don’t Like,’ ” Forbes(October 18, 1993), 43.


14. Mary Rowland, “Mastermind of a Media Empire,” Working Woman(No-
    vember 11, 1989), 115.


15. Kilpatrick, Of Permanent Value(2004), 398.


16. Ibid.