Warren Buffett, Benjamin Graham, Charlie Munger–Shareholder letters 1957-1970 by Jeff Widman

May 10, 2008

Warren Buffett, Benjamin Graham, Charlie Munger–Shareholder letters 1957-1970

Two years ago, Dan Grossman posted about the Warren Buffett shareholder letters on his (now defunct) blog.

Finally, I have copies of all of Buffett’s annual reports from 1957-1970. They’re spectacular; if you’d like a copy, let me know and I’ll send them to you. Unfortunately, I was asked not to post them publicly, though I’m told that emailing is OK.

He’d received the letters from Brad Feld.

I commented on the post and Dan graciously shared the letters. I also checked the box to receive e-mail notifications of new comments on the thread. Today, two years later, I continue to receive notifications and direct e-mails from people looking for the letters. (Perfect example of the Long Tail at work.)

The letters clearly say it’s not okay to post them, but, like Dan, my understanding is it’s okay to e-mail them. Leave a comment on this post if you want a copy and I’ll email them to you… and thank-you comments are always appreciated. (If I’m in error posting them, just let me know.)

(Note: You can find PDF’s of the more recent letters (post 1977) here: http://www.berkshirehathaway.com/letters/letters.html, and the text of the 1969-1976 letters here: http://stableboyselections.com/2008/08/25/the-missing-berkshire-hathaway-letters-1969-1976/.)

I also have a copy of Charlie Munger’s speech entitled Academic Economics: Strengths and Faults After Considering Interdisciplinary Needs presented to the University of California, Santa Barbara Economics Department on October 3, 2003.

Update: These are the Warren Buffett partnership letters–not the Berkshire Hathaway letters form 1970 to 1979, or the Bluechip Stamps letters. I don’t have the Bluechip Stamps letters, and I’m not sure where to get them.

Comments

Thomas said on March 1, 2010 at 10:25 pm:

Hi there,

Another request for the 1957-1970 letters I'm afraid !

Would it be possible to email them to me?

Really appreciate your help, thank you,

Thomas
Reply ↓
katie said on March 12, 2010 at 6:42 am:

Letters all sent out.
Reply ↓
Aiden said on March 12, 2010 at 11:47 pm:

I would love to be emailed any BP and Berkshire 1970 and prior letters/annual reports. Thank you in advance for making this possible.

Oh yeh, and if you have any letters from his college year pinball machine business that would really complete the collection.
Reply ↓
katie said on March 19, 2010 at 12:03 pm:

Letters sent, though we don't have anything from the college days. You're most welcome.
Reply ↓
Daniel said on May 5, 2010 at 9:30 pm:

Hi All,

I may be too late to receive a response, but I would very much like any letters sent prior to 1971. Please let me know if these are still available, I am very keen to read them.

Kind Regard,

Dan
Reply ↓
kyle said on May 20, 2010 at 3:34 pm:

HI,

I'm kyle from china,i am a value investment learner,and buffett is my icon.

I really want to read all his works ,I dont have his 1957 – 1976 letters .

If u have them or some of them,will u pls send me ? thx

My email is caimanlong@qq.com

kyle
Reply ↓
- katie said on May 21, 2010 at 2:31 pm:
  
  Letters are on their way, Daniel and Kyle.
  Reply ↓
jason said on June 10, 2010 at 12:55 pm:

hello, i would please like to be e-mailed buffet's shareholder letters pre-1977 if you still have them. thanks in advance,

jason
Reply ↓
katie said on June 11, 2010 at 12:15 pm:

The letters are should be in your inbox, Jason.
Reply ↓
Frank K said on June 18, 2010 at 11:13 am:

Hello Jeff or Katie,

If you're still able, I would very much appreciate a copy of the BPL letters. Thank you so much for your willingness to share.

Much appreciated,

Frank
Reply ↓
katie said on June 24, 2010 at 4:10 am:

Hi Frank, you should have the letters in your inbox.
Reply ↓
Tony said on July 1, 2010 at 6:42 pm:

Dear Value Investing Folks,

I have found the incomplete BPL letters (from 1959) at ticonline.com and the missing BH (69-76) at stableboyselections. However, I would really appreciate if I could get a glimpse of the initial (57-59) BPL letters.

My e-mail is: tony.fakirev@gmail.com

Thanx in advance. I am interested in getting back in touch with anyone who has the value investing bug. I am also much willing to freely trade my accumulated value investing cache with all zealous value folks.

cheerz,

t.
Reply ↓
- katie said on July 6, 2010 at 10:19 am:
  
  Thanks Tony– the letters should be in your inbox.
  Reply ↓
Even Petterson said on July 14, 2010 at 8:18 pm:

Hey Jeff!

I'd be very thankful if you could e-mail me the 1957 and 1958 partnership letters.

Thank you!

Best regards,

Even
Reply ↓
Even Petterson said on July 14, 2010 at 8:46 pm:

I'd also like to be sent the 1956 and 1955 letters, if you have them (and if the 1955 letter exist)
Reply ↓
katie said on July 22, 2010 at 5:45 am:

Up to date- 7.22.
Reply ↓
Mike said on August 3, 2010 at 1:12 am:

Hi, Can someone please send me the 1956 BPL letter? Thank you!
Reply ↓
katie said on August 26, 2010 at 11:36 am:

The letters that we have should be in your inbox, Mike.
Reply ↓
fami said on September 6, 2010 at 7:05 pm:

Hi there,

I know Buffett started his formal investment business from 1956 which is a fund the money put in by his several relatives and friends. As a managing partner, Buffett should send other partners as least one reporting letter about the results of previous year and his ideas about the market.

I have some letters that wrote from 1959 (described the results in 1958) to 1969 by Buffett.I would like to know if someone has the letter wrote in 1958 or 1957. It should be talking about the investment results and market situation in 1957 or 1956. I wanna to have a copy of that, and you could reach me at dennyatwol@gmail.com

Thanks!
Reply ↓
katie said on September 10, 2010 at 5:28 am:

We do have a letter discussing the 1957 year, and it should be in your inbox now.
Reply ↓
brian leemoon said on October 11, 2010 at 11:48 am:

could you please email me the letters currently doing research on a value investing book (Volume 1) similar to margin of safety
Reply ↓
katie said on October 13, 2010 at 3:35 am:

Letters should be in your inbox, Brian.
Reply ↓
Johann said on October 14, 2010 at 6:05 am:

Dear Jeff and Katie,

congrats for this nicely set up blog! If you can, I would very much appreciate a copy of the 1957-1970 Buffett Partnership letters as they would greatly fit into my weekend. 🙂

Greetings from Ulm, Germany.

Johann
Reply ↓
katie said on October 15, 2010 at 10:40 pm:

You've got them, Johann. 🙂
Reply ↓
Will said on October 22, 2010 at 2:20 pm:

Hi Jeff,

If you would not mind, I would really appreciate it if you could send me a copy of those letters. I can't wait to read them!

Thanks a lot!
Reply ↓
Dave said on November 1, 2010 at 8:11 pm:

Dear Jeff and Katie,

Would you please email me the 1957 to 1970 letters? Would be much appreciated. Thanks for the fantastic blog.

Regards,

Dave
Reply ↓
katie said on November 5, 2010 at 5:11 am:

Letters sent out today.
Reply ↓
Johann said on November 8, 2010 at 8:25 am:

Hello Jeff and Katie,

thanks again for your efforts, the letters are astonishing!

All the best to you for the future!

Johann
Reply ↓
Andrew said on November 11, 2010 at 7:48 am:

Hey,

Would you be able to email me the letters and Munger's speech as well. I'm a big value investing fan.

Thanks!

Andrew
Reply ↓
- katie said on November 12, 2010 at 6:47 am:
  
  You've got 'em. 🙂
  Reply ↓
Puneesh said on November 13, 2010 at 5:38 am:

hi jeff,

please e-mail me buffet’s partnership letters from 1957 onwards ..if you still have them. thanks in advance,

Puneesh
Reply ↓
Puneesh said on November 13, 2010 at 5:40 am:

hi katie,

please e-mail me buffet’s partnership letters from 1957 onwards ..if you still have them. thanks in advance,

Puneesh
Reply ↓
katie said on November 21, 2010 at 9:47 am:

You should have them in your inbox, Puneesh.
Reply ↓
OvY said on December 14, 2010 at 8:06 pm:

Hi….could you please send me the letters ..ive been looking all over for them…thanx a trillion..
Reply ↓
katie said on December 27, 2010 at 10:29 am:

Letters sent..
Reply ↓
Victor said on December 30, 2010 at 12:33 am:

I really appreciate if you could send me the letters, Warren Buffet Partnership letters and Charlie Munger’s speech. Thanks in advance for these invaluable treasures!
Reply ↓
katie said on January 3, 2011 at 4:26 am:

Letters sent out
Reply ↓
bernhard said on January 28, 2011 at 9:00 am:

Dear Jeff and Kate,

would you be so kind and to share your treasure of BLP letters and Mr Munger´s speech with me via email.

Thanks a lot in advance!

cheerio,

bernhard from Budapest/Hungary
Reply ↓
katie said on February 1, 2011 at 8:28 am:

All set.
Reply ↓
Paul said on February 2, 2011 at 7:44 am:

Hi Jeff, Hi Katie,

Thank you for sending these letters to Buffett fans; I have all but the 1956 letter. If you could send it, I would be most appreciative.

Paul
Reply ↓
katie said on February 7, 2011 at 8:42 am:

Sent.
Reply ↓
Andrej said on February 8, 2011 at 8:55 pm:

Could you please email me the letters. If you could send it, I would be most appreciative.

Regards

Andrej
Reply ↓
Albert said on February 13, 2011 at 6:26 am:

Would love to receive the letters. Thanks so much in advance!
Reply ↓
katie said on February 15, 2011 at 6:09 am:

Letters sent today.
Reply ↓
Xabi said on February 22, 2011 at 2:55 am:

I would like to read those letters too. Nice to see you keep sending them three years after the original post.

Thanks in advance.
Reply ↓
katie said on February 22, 2011 at 9:16 am:

Letters sent out..
Reply ↓
Gregory said on March 25, 2011 at 3:49 pm:

Hi Jeff,

Would be grateful if you can send me a copy of the 1957-79 letters when you get a chance.I really appreciate if you could send me the letters, Warren Buffet Partnership letters and Charlie Munger’s speech.

Regards
Reply ↓
katie said on March 29, 2011 at 5:04 am:

Letters in your inbox.
Reply ↓
Pascal said on April 11, 2011 at 2:14 am:

Dear Katie,

Would you be so kind and send me a copy of the 1957-79 letters and Charlie Munger´s speech? Very much appreciated!

Kind regards,

Pascal
Reply ↓
MYY said on April 12, 2011 at 12:57 am:

Could you please email me a copy of the letters. Thanks.
Reply ↓
katie said on April 14, 2011 at 4:26 am:

All set
Reply ↓
Paul said on April 28, 2011 at 5:54 am:

Hi Jeff & Katie,

I would greatly appreciate a copy of the letters. Thank you for taking the time to send and manage this blog!
Reply ↓
Daniel said on April 28, 2011 at 11:33 am:

Hi,

Can you send me the emails as well?

Thanks a lot.

Daniel
Reply ↓