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The Thimbles Summary

The Essays of Warren Buffett

The book in one sentence

Treat shares as part-ownership of real businesses, buy good ones at sensible prices, run companies honestly for their owners, and let time do the heavy lifting.

Who it's for

Private investors, company directors, finance professionals and business owners who want a clear-headed philosophy of value, management and capital allocation.

The big idea

For decades Warren Buffett has written an annual letter to the shareholders of Berkshire Hathaway, the holding company he built with his partner Charlie Munger. The letters became famous for their plain language, humour and good sense. Lawrence Cunningham, a law professor, took that material and rearranged it by theme rather than by year, turning scattered letters into a coherent guide to how Buffett thinks about business, investing and corporate governance. The book has been updated through several editions since it first appeared.

The full summary continues with the five ideas worth keeping, three things to try this week, the 5-minute deep dive and our full verdict, as a PDF to keep.

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