The Warren Buffett Way: The World’s Greatest Investor

Notes 233

9.Outstanding Investor Digest(May 5, 1995), 51.

10. Graham, The Intelligent Investor,107.


11. Brian O’Reilly, “Why Can’t Johnny Invest?” Fortune(November 9, 1998),
    73.


12. Fuerbringer, “Why Both Bulls and Bears Can Act So Bird-Brained,” New
    York Times(March 30, 1997), section 3, 6.


13. Andrew Kilpatrick, Of Permanent Value: The Story of Warren Buffett
    ( Birmingham, AL: AKPE, 1998), 683.

Chapter 12 The Unreasonable Man

1.This quote was used to describe Warren Buffett in V. Eugene Shahan’s arti-

cle, “Are Short-Term Performance and Value Investing Mutually Exclusive?”

Hermes(Spring 1986).

2. Carol J. Loomis, “The Inside Story of Warren Buffett,” Fortune(April 11,
   1988), 30.


3. Ibid., 34.
   4.Fortune( January 4, 1988), quoted in Andrew Kilpatrick, Of Permanent
   Value: The Story of Warren Buffett( Birmingham, AL: AKPE, 2004),
   1329.


4. Loomis, “Inside Story,” 28.


5. Linda Grant, “The $4 Billion Regular Guy,” Los Angeles Times Maga-
   zine,36.


6. Berkshire Hathaway Annual Report, 1993, 15.


7. Berkshire Hathaway annual meeting, 1993, quoted in Kilpatrick, Of Per-
   manent Value(2004), 1335.


8. Berkshire Hathaway Annual Report, 1987, 15.


9. Robert Lenzner, “Warren Buffett’s Idea of Heaven: ‘I Don’t Have to Work
   with People I Don’t Like,’ ” Forbes(October 18, 1993), 40.


10. Berkshire Hathaway Annual Report, 1992, 6.

Afterword: Managing Money the Warren Buffett Way

1. “Investing: Profession or Business? Thoughts on Beating the Market
   Index,” The Consilient Observer,vol. 2, no. 14 ( July 15, 2003).


2. Legg Mason quarterly market commentary, January 25, 1999.