The Warren Buffett Way
Appearance
![]() The third edition cover | |
Author | Robert Hagstrom |
---|---|
Language | English |
Subject | Business, investing |
Publisher | John Wiley & Sons, Inc |
Publication date | 12 November 2004 - 2nd edition |
Publication place | United States |
ISBN | 978-0-471-64811-6 |
OCLC | 55800704 |
332.6 22 | |
LC Class | HG172.B84 H34 2005 |
The Warren Buffett Way, a book by author Robert Hagstrom, which outlines the business and investment principles of value investing practiced by American businessman and investor Warren Buffett.
Accolades
[edit]The first edition, published in 1994, sold over a million copies and spent 21 weeks on the New York Times Hardcover Nonfiction Best Seller list.[1] A decade later, Hagstrom issued a second, expanded edition.[2]
Chapters
[edit]- The world's greatest investor
- The education of warren buffett
- "Our main business is insurance": The early days of berkshire hathaway
- Buying a business
- Investing guidelines:business tenets
- Investing guidelines:management tenets
- Investing guidelines:financial tenets
- Investing guidelines:value tenets
- Investing in fixed-income securities
- Managing your portfolio
- The psychology of money
- The unreasonable man
Principles
[edit]The principles included:
- Purchase businesses with excellent long-term prospects
- Purchase businesses at a large discount to their intrinsic value
- Purchase businesses with a high return on invested capital
- Purchase businesses with honest managers
References
[edit]