Introduction: In the book, Management Secrets by Warren Buffett, the narrator (ie. Buffett’s daughter) explains how to manage your life, and businesses based on the Berkshire Hathaway model. Berkshire Hathaway has seen a 28.9% growth rate on investments. Currently, Warren Buffett indirectly manages hundreds of companies around the world. This book is clearly positioned from Warren Buffett’s perspective which is a highly privileged and established one. Most cannot actually get managers to do all the work for them in the way that Warren does because the relationship is not like that of Berkshire with its hundreds of companies. Nonetheless, Buffett’s advice is still valid, especially since his personal investments have an annual growth rate of 19.78%. He’s doing something right!

Overview: Warren Buffett’s Management Secrets are largely based on his participation in the Dale Carnegie education approach. It was a life changing event, and the most important education that he ever experienced. You need to interact with people in business, so you should read and memorise How to Win Friends, and Influence People. Leadership is about Loyalty, Enthusiasm, Attitude, Discipline, Example, Respect, Scholarship, Honest, Integrity, and Pride. You need to possess all these qualities to succeed in business.

[This is a précis of Warren Buffett’s Management Secrets. More is forthcoming]