Compilation of Forbes Magazine Articles on Buffett

Forbes magazine has published a retrospective of its coverage on Warren Buffet. The pdf is available here. It includes articles dating back all the way from the 1969, including one of the first features by a national level magazine in the US.

One fascinating article in the collection is titled 'The Berkshire Bunch', which tells the stories of common folk who invested in the original partnership funds set up by Buffett, when he was an investment manager. The article lists numerous families with multi-million dollar fortunes, derived solely from their investments with Buffett.

Its quite astonishing to me to see how these investors have loyally stuck with the man. These people made just one affirmative, which has led them to their current fortunes. But what is also equally important is the fact that these investors made several negative decisions over the past decades, i.e. they decided not to cash in on their profits. These investors would have several opportunities to sell off their positions (most notably the several booms and busts in the last 30-40 years), and have chosen to hang on.