Excellent book, especially for investing enthusiasts, and not only! The book describes Warren’s simple and clear philosophy on investing and management.
The book gives a good Amount of information on investing style of Buffet. All people around life of Buffet are introduced and roles explained well. Language of book seems like a continuous interview with Buffet. Not in much detail and not a biography but a good overview for those who have heard about Buffet.
Nothing really new that you’ll learn if you’re already a Buffett fanatic. Some useful anecdotes and quotes, but I was expecting a compendium of Uncle Warren wisdom in my ears. Instead, the author has lots of discursions on Buffett’s philanthropy and his children’s foundations in a hagiographic lens.
The book has a pretty good selection of quotes from Warren on a wide range of topics, but primarily business and stocks. He comes across as a smug braggart and doesn’t sound very wise in general. Also, his stock and business quotes aren’t insightful. It has generic advise like “pick companies with good management” or a good business etc: but how one is to know if the management or the business is good is not explained. Peter Lynch’s books give more useful tips for the individual investor. I am now convinced I am not interested in Warren Buffett’s personality although I have no doubt he is incredibly capable of reading the stock market and making money off of it.
After having read all the details about WB's personal life in the Snowball by A. Schroeder I have been looking for a book that would look meticulously at each of his biggest past investment decisions and their rationals. This is not it yet. Nevertheless it is a fun quick reminder of all the famous quotes that anyone caught by the value investing bug would already know. My main takeaways: i) aim high ii) focus iii) study failures not successes iv) reputation takes 20 year to build and 1 minute to destroy v) get the right discipline early vi) believe in oneself vii) be around people one admire viii) lead by example viv) stay curious, positive, humble, and delegate. Besides all that there is one funny quote that I love, about a suggestion on how to reduce inflation risk at the nationwide level "if it is above 3% no congressman can be re-elected" lol it would indeed be really effective.