What Is a Portfolio Turnover?

The writing style of this book is concise and light. With the disclosure of historical details, the book quotes a lot of the essence of Buffett's letter to shareholders in different periods, and tells Buffett's thinking process and investment logic in each investment. The book contains not only well-known cases such as Geco Insurance, American Express, Hessie Candy, and The Washington Post, but also the stories of the revival of Dempster and Lockwood that plagued Buffett. At the end of each case, the author has sorted out the learning points so that readers can learn from the successes and frustrations Buffett has experienced. ^[1]