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How Buffett Does It

How Buffett Does It

          
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About the Book

Warren Buffett?s straightforward rules for long-term success One thousand dollars invested in Warren Buffett?s Berkshire Hathaway stock in 1965 would be worth roughly $5 million today! This astonishing success didn?t come through Buffett?s use of high-tech computer trading models, or intricate market timing systems. Instead, it came through his stubborn adherence to the time-honored fundamentals of value investing. How Buffett Does It is a step-by-step guidebook for investing like Buffett in any market environment. This value investing primer presents and expands on 24 primary ideas Buffett has followed from day one that include: • Choose simplicity over complexity • Make your own investment decisions • Be patient • View stocks as businesses not pieces of paper • Practice inactivity, not hyperactivity • View downturns as buying opportunities • Practice independent thinking • Ignore stock market forecasts • Be fearful when other are greedy, and greedy when others are fearful • Avoid the costly mistakes of others Warren Buffett still lives in the house he bought three decades ago, still drives his comfortable Lincoln Town Car, and still holds to the sound and simple value investing style that helped him become one of the world?s wealthiest individuals. How Buffett Does It explains, in Buffett?s words as well as those who know him best, what you can do to achieve Buffett-like results in your own portfolio.

Table of Contents:
The Warren Buffett Way Chapter 1. Choose Simplicity over Complexity Chapter 2. Make Your Own Investment Decisions Chapter 3. Maintain Proper Temperament Chapter 4. Be Patient Chapter 5. Buy Businesses, Not Stocks Chapter 6. Look for a Company That Is a Franchise Chapter 7. Buy Low-Tech, Not High-Tech Chapter 8. Concentrate Your Stock Investments Chapter 9. Practice Inactivity, Not Hyperactivity Chapter 10. Don?t Look at the Ticker Chapter 11. View Market Downturns as Buying Opportunities Chapter 12. Don?t Swing at Every Pitch Chapter 13. Ignore the Macro; Focus on the Micro Chapter 14. Take a Close Look at Management Chapter 15. Remember, The Emperor Wears No Clothes on Wall Street Chapter 16. Practice Independent Thinking Chapter 17. Stay within Your Circle of Competence Chapter 18. Ignore Stock Market Forecasts Chapter 19. Understand ?Mr. Market? and the ?Margin of Safety? Chapter 20. Be Fearful When Others Are Greedy and Greedy When Others Are Fearful Chapter 21. Read, Read Some More, and Then Think Chapter 22. Use All Your Horsepower Chapter 23. Avoid the Costly Mistakes of Others Chapter 24. Become a Sound Investor Further Reading


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Product Details
  • ISBN-13: 9780070605886
  • Publisher: Tata Mcgraw Hill
  • Publisher Imprint: Tata Mcgraw Hill
  • Edition: 1
  • No of Pages: 172
  • ISBN-10: 0070605882
  • Publisher Date: 2005
  • Binding: Paperback
  • Language: English
  • Weight: 500 gr

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