Rating: 
Summary: Add this book to your investment books library!
Review: With "The Warren Buffett Way", Robert Hagstrom attempts to bring the financial genius of the world's greatest investor within reach of the average man on the street. The book is a good overview of Buffett's career, outlining the types of companies he looks for, the calculations he uses to determine a company's value, and the type of earnings history he looks for in an investment. These are basic principles that need to be hammered home to even the most seasoned of investors, and the book serves as a good primer for that reason. I have bought it as a gift on more than one occasion. (Although the "Buffettology" workbook is better.)However, I give the book four stars for the following reason: hindsight is twenty-twenty. Hagstrom seems to believe that returns comparable to Buffett's are attainable to the average investor. But the average investor knows little about interpreting financial statements and little credit is given to Buffett's instincts and ability to see opportunity where others do not. Although it is well within the reach of the average investor to achieve above-average returns, this book should be viewed as a first step in that goal. There is still much to learn. I recommend this book solely for its emphasis on investment in companies with consumer-monopoly products, strong earnings histories, etc. The book helps reinforce the fundamentals of common stock investing, but I like Hagstrom's book "The Warren Buffett Portfolio" much better... Britt Gillette
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Rating: 
Summary: A good book on fundamental investing...
Review: With "The Warren Buffett Way", Robert Hagstrom attempts to bring the financial genius of the world's greatest investor within reach of the average man on the street. The book is a good overview of Buffett's career, outlining the types of companies he looks for, the calculations he uses to determine a company's value, and the type of earnings history he looks for in an investment. These are basic principles that need to be hammered home to even the most seasoned of investors, and the book serves as a good primer for that reason. I have bought it as a gift on more than one occasion. (Although the "Buffettology" workbook is better.) However, I give the book four stars for the following reason: hindsight is twenty-twenty. Hagstrom seems to believe that returns comparable to Buffett's are attainable to the average investor. But the average investor knows little about interpreting financial statements and little credit is given to Buffett's instincts and ability to see opportunity where others do not. Although it is well within the reach of the average investor to achieve above-average returns, this book should be viewed as a first step in that goal. There is still much to learn. I recommend this book solely for its emphasis on investment in companies with consumer-monopoly products, strong earnings histories, etc. The book helps reinforce the fundamentals of common stock investing, but I like Hagstrom's book "The Warren Buffett Portfolio" much better... Britt Gillette
...
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