Sunday, April 10, 2011

The New Buffettology, by Mary Buffett and David Clark

Download here : pdf

This book attempts to explain in very easy to understand terms the methods that Warren Buffett uses in selecting companies for investigation, analysis of fundamentals, stock selection and price calculations.
The book does not carry the authority of the Sage of Omaha nor does it pretend to do so. One of the authors is his former daughter in law and we have to assume that some of the book’s contents relate to things that she learned from the master investor.
That aside, the investment principles set out in the book all make good investment common sense from any perspective and are rules that any intending investor would be wise to consider.
The book contains case studies of past Buffett investments, looks back at why they may have been chosen, and traces their path to increased profitability after selection.
The authors conclude the book with a set of tests for selecting appropriate stocks, finding their intrinsic value and calculating a price that could be paid with a suitable Margin of Error.#
The authors have also compiled a companion publication that contains all their recommended formulas and worksheets: Buffettology Workbook. HIGHLY DESIRABLE

No comments:

Post a Comment