Invest like Warren Buffett

Invest like Warren Buffett

Highlights by David Willden

We are currently researching business strategy insights that can be gleaned from Warren Buffett and how he thinks and makes decisions.   He is careful in doing his homework,  and he sometimes fails.   However,  his bottom-line is impressive.   We can lean not only “how to invest like Warren Buffett”  but for the purposes of this website, “how to identify and/or develop winning business strategies.”

Below are articles,  books,  videos,  etc., that we are currently reviewing.

Berkshire Hathaway – 7th Most Admired Company


http://money.cnn.com/magazines/fortune/most-admired/2012/snapshots/980.html

The experts chose the top 50. Now it’s your turn. ‘Like’ the company you most admire to vote. The top 5 reader favorites are below.



Abstracts of Books on Warren Buffett:


Warren Buffett and the Interpretation of Financial Statements

Scribner, 2008 Category: Finance In this summary you will learn How Warren Buffett uses financial statements to identify superior companies with solid competitive advantages What he looks for in three types of financial statements Why he pays special attention to certain ratios getAbstract rating Why you should read Warren Buffett and the Interpretation of Financial Statements Financial statements hold clues about the future performance of a company, and Warren Buffett’s quest to find such clues has put him among the ranks of the wealthiest people in the world, according to Buffett experts Mary Buffett (his former daughter-in-law) and David Clark. Seeing the interpretation of financial statements through Warren Buffett’s eyes is both instructive and insightful. He routinely calculates meaningful financial ratios from line items in financial statements to distinguish the most promising companies from the...


The Snowball

by Alice Schroeder Bantam, 2008 Category: Leadership & Management In this summary you will learn Who Warren Buffett is What his personal and business history is What his investment philosophy is How he became the world’s richest man getAbstract rating Why you should read The Snowball Warren Buffett is “everyman” as multibillionaire. Despite his vast wealth, he has always eschewed ostentation. He pays himself about $100,000 annually, which in today’s U.S. economy places him in the upper-middle-class. He lives in the same simple Omaha, Nebraska, house that he bought in 1958 for $31,500. He prefers an old gray suit to expensive London tailoring. In Buffett’s early days, when he was only a multimillionaire and not a multibillionaire, he walked around with holes in the soles of his shoes. To Buffett, wardrobe doesn’t matter; what matters is making money. He is better at this pursuit than anyone else in the world. In 2008, Forbes magazine ranked him as the globe’s richest man, with a net worth of...


Buffett

by Roger Lowenstein Random House, 2008 Category: Leadership & Management In this summary you will learn How Warren Buffett became the world’s greatest investor and richest person What his investment philosophy teaches How he selects investments getAbstract rating Why you should read Buffett Bill Gates, Sam Walton and John D. Rockefeller became immensely wealthy by developing innovative businesses. Warren Buffett became rich by picking stocks better than anyone else. Forbes recently listed him as the world’s richest man, but he lives in the same Omaha house he bought for $31,500 in 1958. He drives his own car, prepares his own taxes, wears inexpensive suits and does not employ servants beyond an “every other week” housekeeper...


Articles


Warren Buffett: How He Does It

We look at the Sage of Omaha’s methodology for evaluating value stocks.


How to Invest Like Warren Buffett

Berkshire Hathaway chief executive Warren Buffet is widely considered to be one of the world’s wisest and most successful investors. Even if you don’t have $50 billion to invest with, taking a lead from the ‘Oracle of Omaha’ can pay big dividends. Measure performance by “per-share progress” A valuable perspective into Warren Buffett’s investing style can be gained by looking at the annual report of his holding company, Berkshire Hathaway, says Paul L. Sloate, president and CEO of investment management firm Green Drake Partners. In it, Buffett outlines some of the key tenets of his investing philosophy. In his 1983 report, Buffet affirmed: “Our long-term goal is to maximize Berkshire’s average annual rate of gain in intrinsic business value on a per-share basis...


Videos


Invest like Warren Buffett