Warren Buffett's Ground Rules book cover

Warren Buffett's Ground Rules by Jeremy C. Miller Summary

Warren Buffett's Ground Rules
Jeremy C. Miller
4.04 (1600 Reviews)
Finance
Business
Entrepreneurship
概要
主なポイント
著者
よくある質問

Overview of Warren Buffett's Ground Rules

Before Warren Buffett became a billionaire, he wrote letters revealing his investment secrets. Discover the "Ground Rules" that turned $105,000 into $100 million - strategies so powerful that Charlie Munger called compounding interest almost "religious" in its wealth-building magic.

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重要なポイント

1

Before the Billions: A Young Man's Blueprint

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In 1956, a 25-year-old returned to Omaha with something more valuable than money - a set of principles that would transform American investing. Warren Buffett had just declined his mentor Benjamin Graham's job offer and instead gathered seven people at the Omaha Club: his father, sister, aunt, college roommate, and a few friends. Before accepting their $105,000, he handed them a document outlining his "Ground Rules." No one knew these principles would generate nearly 24% annual returns for thirteen years without a single down year. Bill Gates would later call these partnership letters "the most important investment documents ever written." What made them so powerful? They weren't complex formulas or insider secrets. They were timeless truths about human behavior, market psychology, and the mathematics of wealth - truths that remain as relevant today as they were in that Omaha dining room decades ago.

2

The Manic-Depressive Partner and the Power of Time

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Beating Par and Aligning Interests

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Arbitrage and Control: Strategic Opportunism

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Integrity Over Opportunity: Knowing When to Walk Away

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"Crazy how much I learned while walking the dog. BeFreed = small habits → big gains."

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"Reading used to feel like a chore. Now it’s just part of my lifestyle."

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"Feels effortless compared to reading. I’ve finished 6 books this month already."

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"The themed book list podcasts help me connect ideas across authors—like a guided audio journey."

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117

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@Raaaaaachelw
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"Crazy how much I learned while walking the dog. BeFreed = small habits → big gains."

@Matt, YC alum
platform
comments
12
likes
108

"Reading used to feel like a chore. Now it’s just part of my lifestyle."

@Erin, Investment Banking Associate , NYC
platform
comments
254
likes
17

"Feels effortless compared to reading. I’ve finished 6 books this month already."

@djmikemoore
platform
star
star
star
star
star

"BeFreed turned my guilty doomscrolling into something that feels productive and inspiring."

@Pitiful
platform
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96
likes
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"BeFreed turned my commute into learning time. 20-min podcasts are perfect for finishing books I never had time for."

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@Jaded_Falcon
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