The Warren Buffett Way
Book description
Warren Buffett is the most famous investor of all time and one of today s most admired business leaders. He became a billionaire and investment sage by looking at companies as businesses rather than prices on a stock screen. The first two editions of The Warren Buffett Way gave investors…
Why read it?
2 authors picked The Warren Buffett Way as one of their favorite books. Why do they recommend it?
While Graham is the pioneer of value investing, there’s no question that his student, employee, and, ultimately, close friend Warren Buffett is its most successful practitioner. Although the essence of their respective approaches is similar, there are some important differences to understand. As the best book about Buffett’s investing style that I’ve encountered thus far, Hagstrom’s The Warren Buffett Way highlights some of Buffett’s most astonishing investment coups and the logic behind them. Upon reading both of those books, the reader will have gained a nuanced understanding of how Buffett took the Graham approach to business valuation/security selection and improved…
From Joe's list on understanding value investing and business value.
Books written about Warren Buffett have become a cottage industry, one of which I am a part of. The first bestselling book in the space was written by Robert Hagstrom, which sold more than a million copies. Hagstrom’s book provides several pithy summaries of Buffett’s investment approach. For example:
Step 1: Turn off the stock market. Step 2: Don’t worry about the economy. Step 3: Buy a business not a stock. Step 4: Manage a portfolio of businesses.
From John's list on Warren Buffett on investing and life.
Want books like The Warren Buffett Way?
Our community of 11,000+ authors has personally recommended 100 books like The Warren Buffett Way.
Browse books like The Warren Buffett Way
