"It took me thirty years of doing everything else first before I found Berkshire. My intent is to share my experience to help you reach your goal much faster."-Robert P. Miles Much has been written about the "Sage of Omaha," Warren Buffett, and the philosophy that made him the most successful investor in history. Yet very little has been made public about Berkshire Hathaway, the NYSE publicly traded investment vehicle that is the hub of Buffett's financial empire. With this book, longtime shareholder and acknowledged Berkshire Hathaway expert Robert P. Miles fills that gap for investors. With the second largest net worth in the world, Berkshire Hathaway's $100 billion- plus market value currently surpasses that of such blue-chip giants as Dell, Home Depot, AT&T, Disney, Ford, Gillette, American Express, McDonald's, and GM.

Over the past two decades, Berkshire Hathaway has consistently outperformed the S&P Index by approximately three-to-one, and, not only has the company never posted a negative return, it has achieved double-digit performance in all but four years since 1965. Thirty years ago, a hundred shares of Berkshire Class A Common Stock cost less than $1,000. Today, that same hundred shares is worth over $7 million. Although Berkshire Class A (NYSE:BRK.A) is the highest priced stock on the NYSE, Berkshire Class B shares (NYSE:BRK.B) are now available for 1/30th the price. What is the secret behind Berkshire's phenomenal success? How is it possible that a relatively obscure company, held by fewer than 20,000 registered shareholders and managed by Buffett and an administrative staff of twelve employees, consistently outperforms the top mutual funds by a wide margin? In 101 Reasons to Own the World's Greatest Investment, Robert Miles provides complete answers to these questions. He takes a close look at the Buffett philosophy, and he provides a unique insider's view of the inner workings of Berkshire Hathaway.

Among other little-known facts, you'll learn about the "hidden" pool of capital in Berkshire-owned insurance companies, why the General Re purchase was such a sensational success, the huge advantages of Berkshire's cost-free float, and much more. 101 Reasons to Own the World's Greatest Investment is much more than a paean to the company that Warren Buffett built. Robert Miles shares the lessons he learned on his thirty-year personal journey as an investor. A successful entrepreneur and investor who believes that everyone can be a smarter, more successful investor, regardless of background, education or income, he openly shares his failures and triumphs on the road to becoming a member of the Berkshire family. And he provides valuable guidance on how to follow Warren Buffett's example and become a savvier, more successful investor, whether or not you decide to become a Berkshire Hathaway shareholder.