The Warren Buffett Way

by Robert G. Hagstrom

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An insightful new take on the life and work of one of the world's most remarkable investors: Warren Buffett In the 30th Anniversary Edition of The Warren Buffett Way, celebrated author and investor Robert Hagstrom delivers the definitive version of his bestselling compendium of the investment strategies made famous by Warren Buffett. The Warren Buffett Way describes the twelve investment tenets of Warren Buffett's strategy called business-driven investing and his distinct approach to show more managing a portfolio of businesses. You'll learn how you can apply these same principles to building your own portfolio and find discussions on the psychology of long-term investing, its optimal benefits, and how to avoid the most common pitfalls and mistakes encountered by investors. This latest edition includes: - A new author preface to complement the existing forewords from Peter Lynch, Bill Miller, and Howard Marks. - Insights on how to achieve worldly wisdom advanced by Warren Buffett's longtime business partner Charlie Munger. - Footnotes and references to academic work that supports and expands on Warren Buffett's investment approach and portfolio management. - The complete Berkshire Hathaway common stocks portfolios from 1977-2021. An indispensable guide to the remarkable work and accomplishments of Warren Buffett, The Warren Buffett Way is a can't-miss resource for professional and individual investors who want to learn from the world's greatest investor. show less

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9 reviews
The Warren Buffet Way is a comprehensive look at the investment strategies of Warren Buffet, the richest man in the world. The book was written with enough economic jargon that satiates the business-savy, but wasn't too complex for laymen. While I don't expect to become a billionaire like Buffet, I was able to gleam enough information from the book to assist me in whatever investments I make, and allowed me to glance into the mind of the world's richest man.
½
I actually listened to the version narrated by Stefan Rudnicki - one of my favourite 'voice actors' - and he did a good job of bringing some life to the pages and making this somewhat tolerable.

While the book does present and illustrate the Buffet investing characteristics with enough biographical information to flesh out the story in an interesting way, in the end the book's repetitiveness got to me.

Buffet's philosophy is renowned for it's simple common sense. A great strength for investment theory, but a poison pill for someone writing on the topic. I couldn't help thinking the author really struggled to pad the material out to the requisite number of pages.
I actually listened to the version narrated by Stefan Rudnicki - one of my favourite 'voice actors' - and he did a good job of bringing some life to the pages and making this somewhat tolerable.

While the book does present and illustrate the Buffet investing characteristics with enough biographical information to flesh out the story in an interesting way, in the end the book's repetitiveness got to me.

Buffet's philosophy is renowned for it's simple common sense. A great strength for investment theory, but a poison pill for someone writing on the topic. I couldn't help thinking the author really struggled to pad the material out to the requisite number of pages.
This seemed to be a great book on fundamentals of investing. However, a lot of it was over my head due to my lack of financial literacy (The WSJ Guide to Understanding Money and Investing helped that a lot). What I gained from it the most was a new perspective on life: whatever we are spending our time, money, and effort on is an investment. Analyze whether it has any real value.
A good book to understand how investing should be, but those principles are hard to apply in practice, evident by the fact that there are millions of Buffett fans but only one Buffett.
To read #5: Bufffett's approach to stock selection.
Buffett earn a lot and also give a lot. An Interview of him and Bill Gates about their charity fund. http://www.youtube.com/watch?v=XkyEfqjbp8U

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17 Works 1,854 Members
Robert G. Hagstrom is Senior Vice President of Legg Mason Capital Management and the portfolio manager of the Legg Mason Growth Trust

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Common Knowledge

Canonical title
The Warren Buffett Way
People/Characters
Warren Buffett

Classifications

Genres
Business, Nonfiction, General Nonfiction, Biography & Memoir
DDC/MDS
332.6Society, government, & cultureEconomicsBanking & MoneyInvesting
LCC
HG172 .B84 .H34Social sciencesFinanceFinance
BISAC

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Members
1,268
Popularity
19,230
Reviews
9
Rating
½ (3.74)
Languages
11 — Chinese, English, Estonian, French, German, Hebrew, Hungarian, Italian, Korean, Spanish, Portuguese (Portugal)
Media
Paper, Audiobook, Ebook
ISBNs
56
UPCs
4
ASINs
13