The Warren Buffett Way
By

Rating

Product Description
Product Details

Table of Contents

Foreword: The Exception vii
Howard Marks

Foreword to the Second Edition xvii
Bill Miller

Foreword to the First Edition xix
Peter S. Lynch

Introduction xxv
Kenneth L. Fisher

Preface xxxi

Chapter One A Five-Sigma Event: The World's Greatest Investor 1

Personal History and Investment Beginnings 3

The Buffett Partnership Ltd. 10

Berkshire Hathaway 13

Insurance Operations 15

The Man and His Company 17

Five-Sigma Event 18

Chapter Two The Education of Warren Buffett 21

Benjamin Graham 21

Philip Fisher 30

Charlie Munger 35

A Blending of Intellectual Influences 38

Chapter Three Buying a Business: The Twelve Immutable Tenets 45

Business Tenets 46

Management Tenets 50

Financial Tenets 59

Market Tenets 64

Anatomy of a Long-Term Stock Price 69

Chapter Four Common Stock Purchases: Nine Case Studies 71

The Washington Post Company 72

GEICO Corporation 81

Capital Cities/ABC 91

The Coca-Cola Company 100

General Dynamics 110

Wells Fargo & Company 114

American Express Company 120

International Business Machines 123

H.J. Heinz Company 130

A Common Theme 135

Chapter Five Portfolio Management: The Mathematics of Investing 137

The Mathematics of Focus Investing 143

Focus Investors in Graham-and-Doddsville 155

Chapter Six The Psychology of Investing 179

The Intersection of Psychology and Economics 180

Behavioral Finance 182

And on the Other Side, Warren Buffett 194

Why Psychology Matters 199

Chapter Seven The Value of Patience 201

For the Long Term 202

Rationality: The Critical Difference 205

Slow-Moving Ideas 206

System 1 and System 2 207

The Mindware Gap 210

Time and Patience 211

Chapter Eight The World's Greatest Investor 213

The Private Buffett 216

The Buffett Advantage 218

Learning to Think Like Buffett 224

Finding Your Own Way 232

Appendix 235

Notes 253

Acknowledgments 263

About the Website 267

About the Author 269

Index 271

About the Author

ROBERT G. HAGSTROM is one of the best-known authors of investment books for general audiences. He has written nine books, including the New York Times bestselling The Warren Buffett Way and The Warren Buffett Portfolio: Mastering the Power of the Focus Investment Strategy. He is also the author of The NASCAR Way: The Business That Drives the Sport; The Detective and the Investor: Uncovering Investment Techniques from the Legendary Sleuths; and Investing: The Last Liberal Art. Robert is a graduate of Villanova University with a BA and MA and is a Chartered Financial Analyst. He lives with his family in Villanova, Pennsylvania. Visit Robert's website at www.RobertHagstrom.com.

Ask a Question About this Product More...
Write your question below:
Look for similar items by category
How Fishpond Works
Fishpond works with suppliers all over the world to bring you a huge selection of products, really great prices, and delivery included on over 25 million products that we sell. We do our best every day to make Fishpond an awesome place for customers to shop and get what they want — all at the best prices online.
Webmasters, Bloggers & Website Owners
You can earn a 8% commission by selling The Warren Buffett Way on your website. It's easy to get started - we will give you example code. After you're set-up, your website can earn you money while you work, play or even sleep! You should start right now!
Authors / Publishers
Are you the Author or Publisher of a book? Or the manufacturer of one of the millions of products that we sell. You can improve sales and grow your revenue by submitting additional information on this title. The better the information we have about a product, the more we will sell!
Back to top