Rating: Summary: If investors were smart, they would all read this book Review: As an abnormal investor, I have noted Buffett's investment strategies as being almost the same as my own, except that I do not have the financial backing or expertise of the "sage from Omaha". Truthfully, with the track record that Warren Buffett has demonstrated, why do investors follow the theories of other "gurus" that went to MBA school just to network and not learn a [darn] thing about business strategy and how to identify true value? While I did find the author a tad hard to follow at times, the information gave me insight into how Warren Buffett makes his superior investment decisions.
Rating: Summary: Book doesn't work - I lost money Review: I have tried to follow the aggressive growth investment strategies of Mr. Richards, but I have lost a great deal of money during this period. I appreciated the writing style and the content of the book which left both enthused and looking forward to boosting the value of my portfolio. Unfortunately, I think that Mr. Richard's premise that "the trend is your friend" is specious and misleading, because sometimes the trend is not your friend. I think perhaps I will attempt to adopt a less aggressive approach, and may try the 'value investing' approach of a Mr. Warren Buffet, whose company Berkshire Investments attempts to follow this approach, although they have lost a lot of money recently. Or maybe I will just try some treasury bonds, or maybe try nothing at all, or try gardening.
Rating: Summary: The Warren Buffet Way (paperback) Review: Advice: Don't buy the '97 paperback edition. Small 4 1/8" X 6 3/4" sized. Print so small, it's very difficult to read.
Rating: Summary: Very interesting and helpful book Review: This book is very useful to us. It clearly explains why Warren Buffet is so successful. Perhaps we can use the tenets listed in the book for our investing experiences. But it explains the intrinsic value model not so clear. How to evaluate the intrinsic value of a company if it has 60% percent of debt in its total asset? Please suggest any further books on this!
Rating: Summary: Fabulous Read Review: I always thought that Warren Buffet made his fortune like every other crazy stockmarket freak, i.e until I read this book. Hagstrom explains how Buffet is able to rises above the market chaos. A must read for anyone interested in investing in the stockmarket.
Rating: Summary: One of the best... Review: For starters, you can read this book and understand investing even if you're not a businessperson. Beginners should read the biography written by Roger Lowenstein first although this book is much more interesting. The book talks about the billionaire investor Warren Buffett, how he got started, his achievements, the type of guy he is, how he calculates what a company's worth. Much like a biography... but the best part in my opinion, are the details on Buffett's past purchases. Hagstrom (the author) actually gives charts to show these which to me is invaluable. You'll know what I mean if you've ever tried to put money in stocks as a value investor. To the experts (and I don't mean the people with advanced degrees or MBAs but the experienced VALUE investor), this book is a must have. I use it to study the specific purchases he made and by looking at the graphs, I think it's not hard to tell what Buffett was thinking, given what he already knows about the companies. And plus, you'll get some idea on calculating intrinsic value which I honestly think came from Hagstrom, not Buffett. But it's a start. As it relates to price, I'd say this book is undervalued, it's a screaming buy pitch (under US$6)... You'll learn a great deal about stocks and about people (from managers to stockbrokers). ahmadredza@rocketmail.com
Rating: Summary: The Warren Buffett Way Review: An easy read that give us insight into the world of investing done right. This book is a must read for all business major students, without exception.
Rating: Summary: An easy read with a few pearls of wisdom. Review: I found The Warren Buffet Way to be a very enjoyable book. I also feel that Hagstrom does himself (and WB) credit by pointing to BH's shareholder's reports as often as he does. If you don't have a computer or the $2500 to buy BRKb to obtain shareholder's reports, this is a good replacement. Also, with regard to A Reader in California, the introductory anecdote about meeting WB is written by Peter Lynch, not Hagstrom.
Rating: Summary: Excellent. Every investor's dream book. Review: Haagstrom is certainly a man after Buffet's heart. Reading the book makes me wanna go work for Buffett, but he doesn't hire MBAs. Learn the secrets that could change your life and realize that it's not luck and combination of circumstances that created the greatest legend outside Wall Street.
Rating: Summary: Required. reading, nothing less. Review: An investment breakthrough. Finally, after 30 years of investing, a book which lays out a rational game plan. Each point in the book is explained and justified. What I could have done with this method in the last 30 years! The mathematics are not so clear, but you can have it done for you at www.poolboys.com/buffett
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