The essential buffett
Timeless principles for de new economy
- ISBN: 9780471227038
- Editorial: John Wiley & Sons Limited
- Fecha de la edición: 2001
- Lugar de la edición: EE UU. Reino Unido
- Encuadernación: Rústica
- Medidas: 21 cm
- Nº Pág.: 283
- Idiomas: Inglés
Applying Buffett's principles to technology and international investing
From the bestselling author of The Warren Buffett Way and The Warren Buffett Portfolio comes The Essential Buffett: Timeless Principles for the New Economy. In this fresh take on Buffett's irrefutable investment methods, Robert Hagstrom shows readers how to apply Buffett's principles to technology and international investing using real-life case studies of successful fund managers like Legg Mason's Bill Miller.
Following the Buffett model, Hagstrom explains Buffett's four timeless principles: 1) analyze a stock as a business; 2) demand a margin of safety for each purchase; 3) manage a focus portfolio; 4) protect yourself from the speculative and emotional forces of the market. Then Hagstrom shows how Buffett's thinking can be applied in the new economy, addressing technology investing, international investing, small cap stocks, and socially responsible investing. Perhaps most valuable are Hagstrom's insights into the psychology behind Buffett's focus investing. For the first time, we are given sure-fire guidelines on how to become a winning Buffett disciple.
The Essential Buffett will include convenient sidebars featuring key Buffett ideas, enabling readers to quickly compare Buffett's fundamental tenets.
Table of Contents Foreword Preface Chapter 1. The unreasonable man Chapter 2. The world´s greatest investor Chapter 3. Lessons from the three wise men of finance Chapter 4. Guidelines for buying a business: Twelve immutable tenets Chapter 5. Focus investing: Theory and mechanics Chapter 6. Managing your portfolio: The challenge of focus investing Chapter 7. The emotional side of money Chapter 8. New opportunities, timeless principles Notes Acknowledgments Index