Thursday, July 26, 2018

The Warren Buffett Way

The Warren Buffett Way

Warren Buffett is the most famous investor of all time and one of today's most admired business leaders. He Became a billionaire and investment sage by looking at companies as businesses rather than prices on a stock screen. The first tow editions to the Warren Buffett Way gave investors their first in - depth look at the innovative investment and businesstrategies behind Buffett's spectacular success. The new edition updates readers on the latest investments by buffeett. And, more importantly , it draws on the new field of behavioral finance to explain how investors can overcome the common obstacles that prevent them from investing like Buffett. 

New material includes:

  • How to think like a long-term investor - just like Buffett
  • Why " loss Aversion" the tendency of most investors to overweight the pain of losing money, is one of teh biggest obstacles that investors must overcome.
  • Why behaving rationally in the face of the ups and downs of the market has been the key to buffett's investing success
  • Analysis of Buffett's recent acquistion of H.J. heinzand his investment in IBM stock 
The greatest challenge to emulating Buffett is not in the selection of the right stocks, Hagstrom writes, but in having the fortitude to stick with sound investments in the face of economicand market uncertainty. The new edition explains the psychological foundations of Buffett's approch, thus giving readers the best road map yet for mastering bot the principles and behaviors that have made buffett the greatest investor of our generation.

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