In The Midas Touch, the author of The Money Masters, analyzes the investment principles of America's most successful investor- Warren Buffett. This is the book that tells readers how to invest like the man know as "the Wizard of Omaha" (Forbes) and the investor with the Midas Touch. The book focuses on his investing principles and also includes his ideas on common investment fallacies. The Midas Touch follows Buffett's career through his recent participation in Capital Cities' acquisition of ABC, and includes John Train's analysis of Buffett's views on the market outlook. A great addition to the investment reader.
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In The Money Masters , Train captured the investing styles of about 10 highly successful investors. Here he has expanded the 40 pages devoted to Buffett in the earlier book, using much of the same material. This is more of a paean than the earlier work because none of Buffett's "worst" investments are mentioned, and Buffett's reputation has grown. Train writes well, with wit and clarityan amiable match for the style of an investor who shuns computers, won't use a calculator. He examines Buffett's methods and advises the reader how to invest like Buffett. Readers would have benefited from more analysis/biography rather than the 60 pages used to list major transactions of Berkshire Hathaway (the company Buffett controls), but most business collections will want this. Alex Wenner, Indiana Univ., Bloomington
Copyright 1987 Reed Business Information, Inc.
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