Customer Reviews

The Warren Buffett Portfolio

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I'm not sure what this is about after reading it. Actually I'm even more surprised noone has reviewed this (or read this?) or maybe I shouldn't be? Some chapters are written to reinforce the idea that a focus investment approach works. There is a chapter on the history of modern finance, another with mini-biographies of the Buffet roster. One on probabilities, but very vague at how to apply this for our own use. Then there is a chapter on behavioral finance and a chapter on proving why short-term forecasting does not work. How all this have to do with Warren Buffet, is anyone's guess. The author tries hard to associate these ideas with Buffet, but fails miserably. Ultimately, it is just a finance book littered with a dozen interesting facts with no coherence and an abundance of paraphrases from "Outstanding Investor Digest". Personally I only find the chapter on investor psychology and the "El Farol" problem (a proof why you cannot predict the market) facinating, but you can get this information from any good finance book.