Includes index.

Orientation -- Compounding -- Market indexing: the do-nothing rationale -- Measuring up: the do-nothings versus the do-somethings -- The partnership: an elegant structure -- The generals -- Workouts -- Controls -- Dempster diving: the asset conversion play -- Conservative versus conventional -- Taxes -- Size versus performance -- Go-go or no-go -- Parting wisdom -- Toward a higher form.

Demonstrating Buffett's intellectual rigor, they provide a framework to the craft of investing that had not existed before: Buffett built upon the quantitative contributions made by his famous teacher, Benjamin Graham, demonstrating how they could be applied and improved. Jeremy Miller reveals how these letters offer us a rare look into Buffett's mind and offer accessible lessons in control and discipline--effective in bull and bear markets alike, and in all types of investing climates--that are the bedrock of his success.