Gems from Warren Buffett

“Gems from Warren Buffet” is not another investment tutorial or biography on Warren Buffett.

Instead, it's a collection of 240 of his wittiest and most insightful thoughts ("gems"), culled from 34 years of his letters to Berkshire Hathaway shareholders. These gems lighten spirits with their humor, enlighten minds with their wisdom, and provide an interesting view into one of America's most successful CEOs.

All quotes in the book are copyrighted by Warren Buffett and used with his permission.

20% of print and eBook sales (not just profits) will be donated to a charity Mr. Buffett has generously supported with his own donations. Sales and donations will be updated publicly on the book’s website http://www.gemsfrombuffett.com

Warren Buffett OKs Book of His Gems: 20% of Sales to Charity

Mendham, NJ - Warren Buffett has granted permission to publish "Gems from Warren Buffett - Wit and Wisdom from 34 Years of Letters to Shareholders," a book based on 34 years of his iconic letters to Berkshire Hathaway shareholders, provided 20% of sales are donated to charity.

Author/entrepreneur Mark Gavagan wrote the entire book on spec - meaning he completed the book while having no idea whether or not he would be granted permission to use excerpts from Mr. Buffett's letters, which are protected by copyright.

The project was enormously time-consuming and could have resulted in an unpublishable book had Mr. Buffett denied his permission. But according to Gavagan, it was a risk-free gamble: "The worst case scenario would have been countless hours spent consuming some of the most entertaining and educational business writing ever produced."

Gavagan continues "I think part of what won Mr. Buffett over was that the book captures the essence of his letters in an entertaining and digestible format. It's not another in-depth biography or investment tutorial. It's a quick, fun read that conveys many of Mr. Buffett's wittiest and most insightful thoughts."

Mr. Buffett granted permission for the book on the conditions that: (1) 20% of sales (not just profits) be donated to the Glide.org charity, which Mr. Buffett has personally supported in the past; and (2) the book's cover clarifies that Mr. Buffett did not write the book and that it is based on Mr. Buffett's copyrighted letters.

Sales and charity donation figures will be updated regularly on the book's website.

For more information about "Gems from Warren Buffett," please contact Mark Gavagan of Cole House Productions at 201-320-3208 or visit http://www.gemsfrombuffett.com.

Text above is a draft version of an upcoming press release.