^FREE PDF ✘ The Warren Buffett Way: Investment Strategies of the World's Greatest Investor ☜ PDF eBook or Kindle ePUB free

In The Warren Buffett Way by Robert G Hagstrom, the author tries to capture the Buffett investing style He is successful to an extent W Buffett keeps evolving as an investor it s hard to capture his way of investing But the basic principles always remain the same what he learned from Ben Graham and later quality with growth from Charlie Munger These can be summed up as Be willing to study and learn about your companies Disregard short term changes in the market An investor must In The Warren Buffett Way by Robert G Hagstrom, the author tries to capture the Buffett investing style He is successful to an extent W Buffett keeps evolving as an investor it s hard to capture his way of investing But the basic principles always remain the same what he learned from Ben Graham and later quality with growth from Charlie Munger These can be summed up as Be willing to study and learn about your companies Disregard short term changes in the market An investor must be able to think independently Remember your circle of competence Buffett embraces simplicity and avoids the complicated companies situations Look for a stable company with good cash flows, a business which is simple to understand and has pricing power Buy a business, not a stock Look for honest and competent management Should have favorable long term prospects Look for companies with high profit margins which have moats Can the business be purchased at a significant discount to its value there are many ways to calculate value Each edition of The Warren Buffett Way has been widely regarded as the authoritative guide to how Warren Buffett selects the businesses he buys.It starts with a chapter on the people who taught Buffett how to think about investments, Benjamin Graham, Philip Fisher and Buffett s business partner, Charlie Munger.Hagstrom then outlines 12 immutable tenets for buying a business and gives examples from Berkshire Hathaway s portfolio.The remainder of the book explores the psychology of investing Many Each edition of The Warren Buffett Way has been widely regarded as the authoritative guide to how Warren Buffett selects the businesses he buys.It starts with a chapter on the people who taught Buffett how to think about investments, Benjamin Graham, Philip Fisher and Buffett s business partner, Charlie Munger.Hagstrom then outlines 12 immutable tenets for buying a business and gives examples from Berkshire Hathaway s portfolio.The remainder of the book explores the psychology of investing Many people who seek to model Buffett s strategies miss this critical part when he buys a business or shares the two are the same in his mind he never plans to sell.Part of the reason why the book is authoritative is that it s comprehensive Similar books I ve read have skimmed over the ideas they present, leaving you feel like you ve snacked rather than digested a full meal Because you ve eaten well, you put the book down knowing what actions you can take.He tells readers that they won t be Buffett, but they can use his investing approach to improve the performance of their investments Hagstrom s website reinforces your education.VERDICT Required reading for sharemarket investors of any level I am not an expert investment guy I wanted to find outwho Warren Buffet is and I was not disappointed Ultimately, Warren Buffett believes in research, research, research when BUYING a company When you buy a stock, you are purchasing shares in a company Therefore, know that company He looks at everything from quality leadership, past and potential future earnings, and most importantly, he asks anyone who is purchasing stock do you understand the company and what they do If you don t I am not an expert investment guy I wanted to find outwho Warren Buffet is and I was not disappointed Ultimately, Warren Buffett believes in research, research, research when BUYING a company When you buy a stock, you are purchasing shares in a company Therefore, know that company He looks at everything from quality leadership, past and potential future earnings, and most importantly, he asks anyone who is purchasing stock do you understand the company and what they do If you don t, don t buy them Lots of great nuggets in this book and I have a better understanding of Buffett and investing overall A sort of guide educational related book, explaning how Warren Buffet tackles the world of investing, the book is easy to read, and the information that it is providing is easy for the reader to absorb, I found this book increased my knowledge and very useful, decent book cover, no editorial issues, suitable for the self investor, professional investor, economic students, this book will appeal to all age groups, and if you have an interest in the world of investing, this book should be one that A sort of guide educational related book, explaning how Warren Buffet tackles the world of investing, the book is easy to read, and the information that it is providing is easy for the reader to absorb, I found this book increased my knowledge and very useful, decent book cover, no editorial issues, suitable for the self investor, professional investor, economic students, this book will appeal to all age groups, and if you have an interest in the world of investing, this book should be one that you read it is a strong platform base from which to obtain further knowledge I always believe that if you read a book for educational reasons, that you should only read the book of a person and take advice from a person or people that have walked the path that you wish to walk, which makes it easier to respect their education and advice Good book, wish I had read it years earlier Don t bother I expected better from the practitioner who wrote this, Robert Hagstrom of Legg Mason Capital Management, but in its audio version it s dry, simplistic, and badly read by someone who gears his pace toward eighth graders That s probably the best audience for this book All others, especially anyone who has even a passing familiarity with Buffet, should skip this and read The Essays of Warren Buffett or Berkshire Hathaway s annual reports instead. This was a decent overview of the author s thoughts on Buffett s career and processes, but it provided no real insight outside of analyzing his moves through well known quotes and anecdotes The book is almost voyeuristic in that the author had no actual contact with Buffett or anyone in his circle, but was obsessed with every move he made, even admitting to having a dedicated file for newspaper clippings about Buffett After the book was written, Buffett met the author I bet Buffett had bodygu This was a decent overview of the author s thoughts on Buffett s career and processes, but it provided no real insight outside of analyzing his moves through well known quotes and anecdotes The book is almost voyeuristic in that the author had no actual contact with Buffett or anyone in his circle, but was obsessed with every move he made, even admitting to having a dedicated file for newspaper clippings about Buffett After the book was written, Buffett met the author I bet Buffett had bodyguards to protect him from this adoring fan In the end, the author admits that he tried to replicate Buffet s methodology and achieved limited success He blames this on the changing market, which I get, but I felt like that was a bit of a cop out after 200 pages of trying to prove that Buffett s approach was timeless I can t believe I m reading investment strategy books Who am I any This gets three stars for being rather interesting and mostly readable as readable as a book that bandies about risk and pricing formulas and accounting numbers can be , but it s not quite as practically useful for the beginning investor I still found it quite interesting to learn about Buffet s history and his major mentors, and I think this book might serve as a useful shortcut for me in summarizing and highlighting Buf I can t believe I m reading investment strategy books Who am I any This gets three stars for being rather interesting and mostly readable as readable as a book that bandies about risk and pricing formulas and accounting numbers can be , but it s not quite as practically useful for the beginning investor I still found it quite interesting to learn about Buffet s history and his major mentors, and I think this book might serve as a useful shortcut for me in summarizing and highlighting Buffet s annual reports IF we ever actually start practicing any of this Value Focus investing strategy stuff, I may come back to this one I still feel a bit like a fish out of water here, but theI read, theintriguing fascinating I find all this stuff to be There is now way one could be another Warren Buffet But reading this great book and learning at least part of it, can make us better investors andcautious regarding the risks involved A few interesting principles and lessons, and that is it Worth reading, no doubt. In the end, Buffett triumphed using the power of rational thinking and conservative investing principles His foes perished by their own hands, victims of herd mentality and folly. ^FREE PDF ✕ The Warren Buffett Way: Investment Strategies of the World's Greatest Investor ↳ The Warren Buffett Way offers investors their first in depth look at the innovative investment and business strategies behind the spectacular success of living legend Warren E Buffett Tracing Warren Buffett s career from the beginning, Robert G Hagstrom, Jr tells us exactly how, starting with an initial investment of only , Buffett built a business empire worthbillion Offers a close up look at Buffett s highly successful investment theories and strategies identifies the types of businesses Buffett now finds most attractive, and which ones he avoids and based on the author s ten year monitoring of Buffett s numerous shrewd investments and ventures