1 comments about Annals of Investing: Steve Forbes vs. Warren Buffett.

1. This book was not very complete on information He did a nice job writing it just there are better book out there about investing.

No comments about Warren Buffett Stocks - A Guide to Investing In Stocks Like Warren Buffett Does.

4 comments about New Buffettology.

1. The author shows formulsa to determine of companies are worth investing in and she explains both with narrative and formuals how Warren Buffett grew in his life to make miney and understand the market.



2. Many books have been written about Warren Buffet's way of picking the right stocks at the right time, but this one is the most sound, concise and actionable -- the formulas and algorithms given in this book aren't given anywhere else. There is another book similar to this one: "The Warren Buffet Way" by Robert G. Hagstrom, but it misses the important topics laid out in the "Buffetology". These major topics are: what are the differences between a "consumer monopoly" and a "commodity"; how to calculate the rate of return over a long period of time before choosing the investment; and so on. There is another great book about Warren Buffet and his investment strategy - "Buffet: The Making of an American Capitalist" by Roger Lowenstein, but it better describes Mr. Buffet's biography and his relations with family, friends and the society, rather than how did he evaluate the companies. But please note that "Buffetology" is not a replacement of the book by Roger Lowenstein, I highly recommend reading both of them. What is you can omit is the book by Robert G. Hagstrom, above mentioned.
   
   I would recommend an abridged audio version of the "Buffetology" instead of the printed book. The audio version discloses the most important factors of Mr. Buffet's investment principles pretty well. Some of the background information is available on free letters to shareholders and Mr. Buffet's lectures, but you might not want to crawl thought all these; you might want to save time and just listen the "Buffetology" audio or read the "Buffetology" book, where all this information is perfectly summarized and laid out in a consistent way.



3. this book along with the author has been more misrepresenting warren and his method than many. there are several books worth the reading on buffett:
   
   1) warran buffett essays / annual reports;
   2) the warren buffett ceo;
   3) buffett, the making of an american capitalist;
   4) intelligent investors.
   
   but by far, the first book is the one which tells you almost everything, not just investing, but how to run a business with rational approach.



4. This book is not worth the buy. Sometimes I wonder if the authors have read it themselves after writing it!
   A much much better book is "Intelligent Investor" by Benjamin Graham - who was Warren's mentor and tutor.

5 comments about Even Buffett Isn't Perfect: What You Can-And Can't-Learn from the World's Greatest Investor.

1. Mr. Buffett may not be perfect, but given his "extreme" level of net worth, he must have done something right with his investment portfolio. And let's be clear - Berkshire Hathaway has always been managed like an investment portfolio. Vahan Janjigian provides a clear and concise explanation of Buffett's strategy and investment process, and gives the reader some insights on successful wealth generation. And this is the only book that criticizes his views on taxation. Not too long; not too complicated; but very informative and well written. A perfect "end of summer" read.



2. Congratulations to Mr. Janjigian for writing a book that not only does a great job in discussing Buffett's investment styles, but also and more importantly communicating the key investment concepts that individual investors should be aware of, in a very easy to understand manner. While there have been many, more detailed books written on Buffett's investment approach, I think Vahan effectively uses the different investment approaches employed by Buffett to highlight and to some extent caution individual investors who attempt to emulate Buffett by stating that what might be good for large long term investors like Buffett (who have access to top level managements), may not necessarily be true for individual stock investors. An investor like Buffett can make big concentrated bets based on his understanding of management and management's strategies, something that an individual stock investor may lack as a function of limited/no access to top level managements.
   
   I recommend this book to anyone who wants to gain a good understanding of the basic and key investment concepts, and I would recommend that colleges handout this book to incoming students in order to educate them with the basics of sound investing principles. I sincerely hope that this book is the first in many more to come!



3. I was hoping to learn something about investing that I could use, instead I got repetitive, unsubstantiated opinions, that only occasionally had any origin in Buffett's practice or style.
   
   Much of the book is devoted to attacks on Buffett's political opinions, which might have been interesting, had they been more than bald assertions that Buffett was wrong.
   
   The primary investment advice presented was a recommendation for momentum investing. Ignoring the dubious advisability of this tactic, it clearly has nothing to do with Mr. Buffett.



4. Informational. Esp for me being new in stock market/investing. Author goes into the good amount of details on how Buffet has been investing. Excellent in the sense that not all information on his investment is known to the non-initiated. Even some of his old investments were similar to the GE purchase. Then it makes a good point that common investors can not have that kind of opportunity where you get 10% guaranteed return plus options.
   
   All that said the book seems to have not emphasized that by investing on only companies that he understands and invests, following Warren may not be of much use for people in tech field where his portfolio has definitely been lean. Besides the tech stocks have not yet entered the value phase anyway. I think the task of carrying over his ideas into new stocks is still open for new generation.



5. "Even Buffett Isn't Perfect" provides no useful advice for investors and wastes the reader's time. Suggest instead something by Mary Buffett, or the new book "Snowball," by Alice Schroeder.
   
   "Even Buffett Isn't Perfect's" first chapter goes through a bloviated and pointless discussion of diversification trying to somehow make something out of the fact that Buffett recommends diversification (actually - a low-cost index fund) for others who don't have the stock research time and mindset that he does, while focusing his investments when he started out to get maximum impact. Now, given the tens of billions in Buffett's portfolio, he can no longer focus like he once did. Pretty simple - right? Unfortunately, the book took some 20+ pages to do the same.
   
   Then its off to another worthless discussion of Google vs. Washington Post. Buffett doesn't like investing in new "transforming" companies because they lack of track record and most fail in the initial stages of competition. In addition, he doesn't like technology stocks because he recognizes he doesn't know enough about the field to adequately assess. Saved you another 20+ pages of blarney.
   
   Janjigian believes Buffett is wrong in opposing momentum investing ("follow the crowd," at least for awhile) and cites two supporting studies. Reality, however, is that academics rarely agree on anything, and I'd bet there are at least another two studies that contradict Janjigian's point.
   
   Eventually, Janjigian gets to what really upsets him about Buffett - the fact that Buffett favors higher taxes for the wealthy and opposes ending the estate tax. That has nothing to do with investing strategy!

No comments about The Intelligent Investor: The Classic Bestseller on Value Investing : With a Preface and Appendix by Warren E. Buffett.

5 comments about Of Permanent Value: The Story of Warren Buffett (Updated and Expanded Edition).

1. If you want to gain insight into what makes Warren Buffett tick and what Berkshire Hathaway is really all about -- you NEED to get Andy Kilpatrick's Of Permanent Value. I have nearly every edition, and this 2007 International Edition, a two volume set, is superior to the past editions both in the extended quality of its content and in the upgraded physical quality of the book. The paper stock of this OPV is glossy and it is much "richer" than previous editions -- much more befitting the man who is it's subject. OPV 2007 IE is simply an essential part of anyone's library. I buy two -- one for home and one for the office. Every time I pick up the book I learn something new about Buffett, Berkshire and the businesses and people that make up this amazing story. A great gift for that Buffett-phile who has everything or the student who wants to learn more about this interesting and complex man/business.



2. I've just finished Volume 1 - a mere 903 pages - and it's terrific. The subject matter is compelling, of course, but Andy's own little humorous asides make this a very fun read!



3. Kind of dissapointed after flipping through the two huge volumes. Nice pictures (but many of them not that clear)through out the book, and seemed to keep up to day with most of the recent events related to Warren Buffett. But the events has not much to read about. For example, about Buffett's purchase of USG stocks lately, only simply mentioned the fact without any background or related story (but the table of contents sure seemed to suggest otherwise). The older one-volume version of the book seemed to have more stuff to read then the new two-volume version, even the older text-only cover seemed to be nicer than the colorful picture-jammed new cover. The new 2 volume version seems to be a chronicle album rather than a historical book. Usually less really means more. Ballooning a book's size with air would only send the disappointed readers away.



4. A lot of info about Buffett & his investment history, but most of them is useless. I see rubbish rather than helpful info in this book.



5. Buffett warned in 2003 that mortgage-backed derivatives were "financial weapons of mass destruction" and that, while the Federal Reserve system was created in part to prevent financial contagion, "there is no central bank assigned to the job of preventing the dominoes toppling in insurance or derivatives".
   
   In his letter to shareholders in March, 2005, Warren Buffet predicted that in another 10 years' time the net ownership of the US by outsiders would amount to $11 trillion. "Americans ... would chafe at the idea of perpetually paying tribute to their creditors and owners abroad. A country that is now aspiring to an `ownership society' will not find happiness in - and I'll use hyperbole here for emphasis - a 'sharecropper's society'."

No comments about How to Build Wealth Like Warren Buffett.

2 comments about Invest Like Warren Buffett, Live Like Jimmy Buffett: A Money Manual for Those Who Haven't Won the Lottery.

1. Don't look for a Joe Merchant within these pages.Look more to how to obtain your free pass to the lifestyle you dream about. It all boils down to, "If you want it, start now!" Following your dream is great but you have to pay yourself, FIRST.



2. If you are looking for some insights into Warren Buffett's investing success, look elsewhere. If you are looking for insights into Jimmy Buffett's lifestyle success, again, look elsewhere. This book takes some very pedestrian financial advice and wraps it up in a catchy title. I strongly suggest you avoid this book and search for more serious financial planning assistance.

No comments about The Power Portflio.

1 comments about Life Lessons in Business Wisdom from Warren E. Buffett & L.A."Davy" Davidson.

1. I enjoyed the life lessons portrayed in the book. However, its not an easy read. No offense to the author, but it is written like an amateur. I have a lot of respect for Warren Buffet, but a lot of the notes written to Mr. Davidson were VERY difficult to dicipher. He has terrible handwriting. Overall, its an OK book with some great lessons to be learned from Mr. Davidson.