Customer Reviews

The New Buffettology: How Warren Buffett Got and Stayed Rich in Markets Like This and How You Can Too!

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Many books have been written about Warren Buffet's way of picking the right stocks at the right time, and many audio programs have been recorderd, but this one is the most sound, concise and actionable. There is another book on this subject: "The Warren Buffet Way" by Robert G. Hagstrom, but it misses the important topics laid out in the "Buffettology". These major topics are: what are the differences between a "consumer monopoly" and a "commodity"; how to calculate the rate of return over a long period of time before choosing the investment; and so on. There is another great book about Warren Buffet and his investment strategy - "Buffet: The Making of an American Capitalist" by Roger Lowenstein, but it better describes Mr. Buffet's biography and his relations with family, friends and the society, rather than how did he evaluate the companies. But please note that "Buffettology" is not a replacement of the book by Roger Lowenstein, I highly recommend both of them, but get the printed book Roger Lowenstein, not an audio version. The autio version of Roger Lowenstein masterpies is severely abridged and strips all the important details. What you can omit is the book by Robert G. Hagstrom, above mentioned.

I would recommend this abridged audio version of the "Buffettology" instead of the printed book. The audio version discloses the most important factors of Mr. Buffet's investment principles pretty well. Some of the background information is available on free letters to shareholders and Mr. Buffet's lectures, but you might not want to crawl thought all these; you might want to save time and just listen the "Buffettology" audio or read the "Buffettology" book, where all this information is perfectly summarized and laid out in a consistent way.