When it comes to Warren Buffett, the most striking thing is the huge numbers. Unlike most investors who think in hundreds and thousands, Buffett lives in a world of billions. Nevertheless, his experience is useful for this majority — more than 1,2 million copies of a book about his achievements have been sold worldwide.
When it comes to Warren Buffett, the most striking thing is the huge numbers. Unlike most investors who think in hundreds and thousands, Buffett lives in a world of billions. Nevertheless, his experience is useful for this majority — more than 1,2 million copies of a book about his achievements have been sold worldwide. Many years ago, Robert Hagstrom succumbed to the charm of Buffett’s personality and way of thinking, carefully studied his activities, statements and decisions over the decades, after which he presented his conclusions and generalizations in this book. Market trends change, booms and busts follow each other, but Buffett’s concept continues to work. Under this concept, the purchase of shares is considered in terms of the acquisition of part of the business. The goal is to form an optimal portfolio. Only such investments are recognized as expedient, which can be fully understood, and there should be a margin between the purchase price of shares and their value in the future. Anyone who has understood everything so far will be able to find out the rest of the details from 12 chapters on psychology, philosophy, economics and other aspects of the life of a great investor.
Eksmo, 304 p.