The Warren Buffett Way (Hardcover)

The Warren Buffett Way Cover Image
$29.95
Usually Ships in 1-5 Days

Description


Warren Buffett is the most famous investor of all time and oneof today's most admired business leaders. He became abillionaire and investment sage by looking at companies asbusinesses rather than prices on a stock screen. The first twoeditions of The Warren Buffett Way gave investors theirfirst in-depth look at the innovative investment and businessstrategies behind Buffett's spectacular success. The newedition updates readers on the latest investments byBuffett. And, more importantly, it draws on the new field ofbehavioral finance to explain how investors can overcome the commonobstacles that prevent them from investing likeBuffett.

New material includes:

  • How to think like a long-term investor - just likeBuffett
  • Why "loss aversion," the tendency of most investorsto overweight the pain of losing money, is one of the biggestobstacles that investors must overcome.
  • Why behaving rationally in the face of the ups and downs of themarket has been the key to Buffett's investing success
  • Analysis of Buffett's recent acquisition of H.J. Heinzand his investment in IBM stock

The greatest challenge to emulating Buffett is not in theselection of the right stocks, Hagstrom writes, but in having thefortitude to stick with sound investments in the face of economicand market uncertainty. The new edition explains thepsychological foundations of Buffett's approach, thus givingreaders the best roadmap yet for mastering both the principles andbehaviors that have made Buffett the greatest investor of ourgeneration.

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.
Product Details
ISBN: 9781118503256
ISBN-10: 1118503252
Publisher: Wiley
Publication Date: September 30th, 2013
Pages: 281
Language: English