Includes probably the best overview of the stock market that I’ve read.

It really introduces the wonderful mindset of Warren Buffett!

Focus portfolio is similar to super-catastrophic insurance. It's certain that disaster will happen but the question is "when?". The pain of a loss is far greater than the enjoyment of a gain

This book provides all the tools you need for new-age value investing.
Highly highly recommend!

Nothing short of good ! Explain Buffett’s analysis style , Discusses how his thought process has been shaped up over the years His probability analysis and an example of Amex ..

A critical piece of investment information is companie’s intrinsic value.

Great read.

This was a good book overall. Great narration from Stefan Rudnicki on audiobook. Overall the basis of the book is just an overview of how Warren Buffet decides to pick stocks based on how they are performing as a forecast to the future, with respect to being worth more than they are priced, and then Warren just camps a lot of his money on the big growing companies. This book definitely shows it's age of publication of 1999 as they constantly reference AOL and the dot com boom of the time. Also references the successes of former Vice Chairman Charlie Munger of Berkshire Hathaway, who was also very successful with trading stocks during his tenure. I will read his full biography for more information on his life. This was pretty dry and boring on the investment information, but I understood the gist of the book. 3/5

Summary: The Warren Buffett Way provided the first look into the strategies that the master uses to pick stocks. A New York Times bestseller, it is a valuable and practical primer on the principles behind the remarkable investment run of the famed oracle of Omaha. In this much-awaited companion to that book, author Robert Hagstrom takes the next logical step, revealing how to profitably manage stocks once you select them. THE WARREN BUFFETT PORTFOLIO will help you through the process of building a superior portfolio and managing the stocks going forward.

Building a concentrated portfolio is critical for investment success. THE WARREN BUFFETT PORTFOLIO introduces the next wave of investment strategy, called focus investing. A comprehensive investment strategy used with spectacular results by Buffett, focus investing, directs investors to select a concentrated group of businesses by examining their management and financial positions as compared to their stock prices. A strategy that has historically outperformed the market and focus investing is based on the principle that a shareholder's return from owning a stock is ultimately determined by the economics of the underlying business.

Hagstrom explains in easy-to-understand terms exactly what focus investing is, how it works, and how it can be applied by any investor at any level of experience. He demonstrates how Buffett arranges his stocks in a focus portfolio and reveals why this is as responsible for his incredible returns as the individual stocks he picks. Ultimately, Hagstrom shows how to use this technique to build and manage a portfolio to achieve the best possible results.

Good book, rich of insights and not too tough for beginners.
You get a good introduction covering the main factors to evaluate when deciding an investment in a company according to author's interpretation of Warren Buffett style.
The book does not contains detailed formulas about company valuations and in general the author does not spend much time going into too much details on finance calculations, I think because Buffett never disclosed a specific formula to evaluate company value.
Anyway, according to me, a great starting point to dive into value investment.

It certainly seems to contain a lot of information, judging by the volume. The book includes many academic studies including from behavior finance. The book stresses Buffett style investment's connection to John Maynard Keynes, Benjamin Graham, Charlie Munger... and other investment luminaries. It also tries to cast doubt on the blind academic following of the Efficient Market Theory (EMT). In particular, I like this joke the book quoted from Buffett: they should pay for endowed chair on EMT at universities because that EMT disarms potential competitors into 'not even trying'. The book also calls into question the conventional wisdom of: diversification, index fund, et cetera. Instead, it demands better to have focused 15 stock portfolio that delivers 15% return than an average index fund return of 12%. Yes, compounded over many years, the focused investment's return is larger than an average index fund. If you could commit full time to read all relevant information, that would be a great alternative. But if you can't commit full-time (as most people have other employment), would it be better to stick with an average index fund?

It’s baffling how other authors through the years have copied different chapters in this book and passed on the information as their own

An easily understandable book on Focus Investing.