Warren Buffett's Stock Portfolio
Overview
Warren Buffett is the benchmark against which every other investor is measured. He took over a failing textile mill called Berkshire Hathaway in 1965 and turned it into a $900B+ conglomerate by allocating capital better than almost anyone in history. The compounding record is extraordinary — 19.8% annually for 58 years versus 10.2% for the S&P 500. But what makes Buffett uniquely valuable to study is that everything is public. Every shareholder letter since 1965 is free on Berkshire's website. Every annual meeting since 2004 is archived on CNBC. He has been teaching the same principles for 60 years, in plain English, for free. There is no excuse not to read the letters.
Primary Resources
Straight from the investor or their firm — the highest-signal material available.
The single greatest free education in investing. Start with the 1977–1984 letters (the framework is laid out clearly), then read the 2008 letter for crisis thinking, then work your way through chronologically. The early letters are particularly dense with insight.
CNBC has archived every annual meeting since 2004, searchable by topic. Six hours of Buffett and Munger (RIP) answering any question put to them — accounting, moats, competition, mistakes. No other investor in the world has given this level of access.
Charlie Munger's collected speeches and talks, including the famous 'Psychology of Human Misjudgment'. Munger's mental models framework is the best complement to Buffett's more financial approach.
Key Talks & Interviews
Curated, not exhaustive — the one or two appearances worth your time if you're new to this investor.
The most intimate portrait of Buffett on film. Access to his daily life, his relationships, his routines. Humanises the legend. Watch this before the academic stuff.
One of the best student Q&A sessions — covers circle of competence, how he reads, career advice, and what he looks for when hiring. The unfiltered version of the Annual Meeting.
The definitive modern deep-dive on how Berkshire actually works as a business. Nine hours across two episodes. Not an interview but a forensic analysis — best for understanding the structure, not just the philosophy.