Take a photo of a barcode or cover
4.24 AVERAGE
4.24 AVERAGE
informative
reflective
medium-paced
Very fascinating. Was charmed by both the writing and the subject.
informative
medium-paced
I am kicking myself why did it take me so long to pick up Roger Lowenstein's Buffet. It was lying on my bookshelf for such a long time. I think it is the best Warren Buffett book that I've read. I found it better than Alice Schroeder’s Snowball which I read last month.
Lowenstein's book is more objective in highlighting how Buffet made his investment decisions, though Schroeder’s is more detailed and focused on his personal life. He describes all of his major investing decisions in different chapters and shows us how his investment philosophy keeps evolving.
It is pretty clear that there is no single way in which Buffett invests. He has different parameters for different types of companies and situations. He also makes decisions based on personal considerations.
There will only be one Buffett and I don’t think his investment style can be copied. However, the best thing that we can learn from him is to develop our own investing strategy and think independently.
Lowenstein's book is more objective in highlighting how Buffet made his investment decisions, though Schroeder’s is more detailed and focused on his personal life. He describes all of his major investing decisions in different chapters and shows us how his investment philosophy keeps evolving.
It is pretty clear that there is no single way in which Buffett invests. He has different parameters for different types of companies and situations. He also makes decisions based on personal considerations.
There will only be one Buffett and I don’t think his investment style can be copied. However, the best thing that we can learn from him is to develop our own investing strategy and think independently.
This was a quick and super-enjoyable read. Not only is Buffett a fascinating character study, but I feel I'm slowly learning about investing through reading about how the true experts do it. The book might've run about 100 pages too long, but if you're at all interested in what the hell has gone on and continues to go on with our economy, it's well worth getting through it all.
Really solid biography, though 20 years old and he's done a lot in the last 2 decades. Touch sycophantic at times, but not so bad. I didn't really know anything about him, now I do! If you're thinking about any sort of investing you should read this.
"“Never lose money” is an unyielding standard; it forecloses the option of taking any speculative risks."
"Buffett noted that the Du Ponts “might believe themselves perceptive in observing the debilitating effects of food stamps for the poor” but were themselves living off a “boundless” supply of “privately funded food stamps.”"
"In the end we must have people to match our principles, not the reverse."
"If you gave me $100 billion and said take away the soft drink leadership of Coca-Cola in the world, I’d give it back to you and say it can’t be done."
"“Maybe I’m a little crazy about this,” he admitted, “but if you practice a faith, you go to the church."
"“Never lose money” is an unyielding standard; it forecloses the option of taking any speculative risks."
"Buffett noted that the Du Ponts “might believe themselves perceptive in observing the debilitating effects of food stamps for the poor” but were themselves living off a “boundless” supply of “privately funded food stamps.”"
"In the end we must have people to match our principles, not the reverse."
"If you gave me $100 billion and said take away the soft drink leadership of Coca-Cola in the world, I’d give it back to you and say it can’t be done."
"“Maybe I’m a little crazy about this,” he admitted, “but if you practice a faith, you go to the church."
A masterful journey through the American investment climate of the mid-to-late 1900s told through the lens of Warren Buffett’s career. It is a testament to the author that this 400+ page biography proves to be compelling throughout and offers the reader an intimate look into the man behind Berkshire Hathaway. For someone whose grandparents have lived in New Bedford for the last 50+ years, certain segments of this book touched a soft spot. As someone who works in finance every day, I’m better for having read this book.