Buffettology: Warren Buffett's Investing Techniques - Softcover

Mary Buffett

Softcover

ISBN 10: 0671032488 ISBN 13: 9780671032487

Publisher: Pocket Books, 1999

Synopsis

HOW WARREN BUFFETT DID IT -- AND HOW YOU CAN TOO

In the world of investing, the name Warren Buffett is synonymous with success and prosperity. Building from the ground up, Buffett chose wisely and picked his stocks with care, in turn amassing the huge fortune for which he is now famous. Mary Buffett, former daughter-in-law of this legendary financial genius and a successful businesswoman in her own right, has teamed up with noted Buffettologist David Clark to create Buffettology, a one-of-a-kind investment guide that explains the winning strategies of the master.

* Learn how to approach investing the way Buffett does, based on the authors' firsthand knowledge of the secrets that have made Buffett the world's second wealthiest man

* Use Buffett's proven method of investing in stocks that will continue to grow over time

* Master the straightforward mathematical equipments that assist Buffett in making investments

* Examine the kinds of companies that capture Buffett's interest, and learn how you can use this information to make your own investment choices of the future

Complete with profiles of fifty-four "Buffett companies" -- companies in which Buffett has invested and which the authors believe he continues to follow -- Buffettology can show any investor, from beginner to savvy pro, how to create a profitable portfolio.

About this title

Review:

Americans are infatuated with the stock market. The number of households that own stock has increased from around 20 percent in the early 1980s to over 40 percent today. The market offers the hope of quick wealth and early retirement, and just about everyone who is in the market is looking for an edge, from sources such as CNBC and Wall Street Week to the Beardstown Ladies and "The Motley Fool." So it should be no surprise the most successful investor of our time--Warren Buffett--has been the subject of dozens of books and magazine articles. The value of Buffett's company, Berkshire Hathaway, has increased from $18 per share in 1965 to over $70,000 per share today. The interest in Buffett has spawned an approach to investing called "Buffettology," which is the subject of a book by the same name written by Buffett's former daughter-in-law, Mary Buffett.

In Buffettology, Mary Buffett, with the help of David Clark, details Warren Buffett's approach to investing. It's a style of investing based on the work of Benjamin Graham and one that requires a quality that most investors lack--discipline. Mary Buffett writes, "As you read through this book you will come to see that having a business perspective on investing is more about discipline than philosophy.... In short, other people's follies, brought on by fear and greed, will offer you, the investor, the opportunity to take advantage of their mistakes and benefit from the discipline of committing capital to investment only when it makes sense from a business perspective.... You will find that almost everything that relates to business perspective investing is alien to Wall Street folklore.

Buffettology examines Buffett's methods for valuing companies and selecting stocks--it even encourages you to buy a calculator and work through the valuation formulas that Buffett uses when researching companies to buy. The book not only serves as a useful guide to understanding how Buffett invests, it's an excellent primer to investing in stocks, whether you plan to become a Buffettologist or not. Highly recommended. --Harry C. Edwards, Business editor

About the Author:

Mary Buffett is an international bestselling author and speaker on the investment methods of Warren Buffett.  She gained her unique insight while married to Warren’s son Peter for twelve years.  She is gifted in her ability to make the complex world of investments easy to understand and has done so before audiences from California to New York to London to Beijing.  

David Clark holds degrees in both finance and law, and in the late seventies was the founding member of the original Buffettologists – a small group of early Berkshire shareholders who studied the investment methods of Warren Buffett.  He is now recognized as one of the world’s leading authorities on the subject and has written extensively on it.  He lives in Warren Buffett’s hometown, Omaha Nebraska, and is the Managing Director of a private partnership that invests primarily in arbitrage situations.

About this edition

• Publisher: Pocket Books
• Publication date: 1999
• ISBN 10: 0671032488
• ISBN 13: 9780671032487
• Binding: Paperback
• Number of pages: 288