My husband is a big Warren Buffet fan, and gave me this book to read. After reading it, I now have a solid background on Warren Buffet and a good understanding of who he is as a person. The book also has some interesting and pertinent quotes as well, that besides being useful in life, can help with investing if you have an interest.
I'd always wanted to know more about this man and now I do. The man is amazing. I listened to this on audio, and I think I would have enjoyed reading the actual book instead so that I could truly digest his truisms.
I have to admit that 1-I have heard the name Warren Buffett but didn't know who he was. 2-Didn't have a clue what he did. 3-Decided to listen to the book because it was available when I needed a book.
Having said all that, this book full of wit and wisdom should be a must read for every business minded student in America and anyone else that wants to understand how money works. Not only for the big corporations but the little people (like me).
It's a relatively short book, pick it up and give it a try.
Some tremendous nuggets of wisdom from the worlds greatest investor. I stopped many times throughout this book to ponder a witty comment and found many times something deeper than what appeared at the surface. Many of us would do ourselves good if we simplified our way of thinking. The world often tells us we need more sophistication, a special genius or knowledge in order to become successful. Rather Warren Buffett has found and proved that common sense and sound principles make us more the genius.
If you read this take the time to stop and investigate his comments and think about your own intellectual framework. Are you makings things to complex and sophisticated?
GREAT INVESTMENT OPPORTUNITIES COME AROUND WHEN EXCELLENT COMPANIES ARE SURROUNDED BY UNUSUAL CIRCUMSTANCES THAT CAUSE THE STOCK TO BE MIS-APPRAISED.
Buffett describes his style at 85% Graham and 15% Fisher.
Projections are no good. They are put together by people who have an interest in a particular outcome and therefore have a subconscious bias. They are unintentional lies which are the worst kin as the forecaster often believes them himself.
If you let yourself be indisciplined on the small things you would probably be undisciplined on the large things also.
There is nothing like writing to force you to think and to get your thoughts straight.