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Warren Buffett Speaks: Wit and Wisdom from the World's Greatest Investor
 
 
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Warren Buffett Speaks: Wit and Wisdom from the World's Greatest Investor [Hardcover]

Janet Lowe (Author)
3.7 out of 5 stars  See all reviews (27 customer reviews)


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Warren Buffett Speaks: Wit and Wisdom from the World's Greatest Investor Warren Buffett Speaks: Wit and Wisdom from the World's Greatest Investor 3.7 out of 5 stars (27)
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Book Description

047116996X 978-0471169963 March 14, 1997
The world takes note when WARREN BUFFETT SPEAKS:

"If people want to improve their investing skills, it has to help to study how the Master does it. This short book outlines Buffett's philosophy and techniques." - Peter S. Lynch, Vice Chairman Fidelity Investments

"Common sense with a deft irony . . ." - John C. Bogle, Chairman The Vanguard Group of Investment Companies

"It was Warren Buffett's thoughts and philosophy that first captivated investors. Janet Lowe has done us all a great service by collecting and arranging Warren Buffett's wit and wisdom in an easy-to-read and enjoyable book." - Robert G. Hagstrom, Jr. Portfolio Manager, Focus Trust author of The Warren Buffett Way

"A must-read. Buffett's wit and wisdom is a roadmap for anyone looking to succeed in business, investing, and life." - Steve Halpern Editor and Publisher Dick Davis Publishing

"With enough insider information and a million dollars, you can go broke in a year." "What I am is a realist. I always knew I'd like what I'm doing. Oh, perhaps it would have been nice to be a major league baseball player, but that's where the realism comes in." "If a graduating MBA were to ask me, 'How do I get rich in a hurry?' I would not respond with quotations from Ben Franklin or Horatio Alger, but would, instead, hold my nose with one hand and point with the other toward Wall Street."

Discover life's little secrets of success as revealed by the world's greatest investor. In this wise and winning collection of quotes, writings, and favorite sayings, Warren Buffett Speaks on diverse subjects such as investing, running a business, honesty, schoolteaching, paying taxes, and much, much more. Assembled by bestselling author Janet Lowe - and including a wealth of previously unpublished material - this unprecedented peek into the financial genius's wildly profitable philosophy is often surprising, always intriguing, and sparked throughout by Buffett's unique combination of savvy business smarts and wry wit. Here's just a sample of what you'll find inside: "Wall Street is the only place that people ride to work in a Rolls Royce to get advice from those who take the subway." "All there is to investing is picking good stocks at good times and staying with them as long as they remain good companies." "Maybe grapes from a little eight acre vineyard in France are really the best in the world, but I always had a suspicion that about 99 percent of it is in the telling and about 1 percent of it is in the drinking." "I want to explain my mistakes. This means I do only the things I completely understand." "In the end, I always believe my eyes rather than anything else."


Editorial Reviews

Amazon.com Review

Most people come to know of Warren Buffett through his ability to generate wealth. However, as Janet Lowe reveals in her book, Warren Buffett Speaks, Buffett is more than a money-making machine. Warren Buffett Speaks is a library of notes and quotes that have been collected over the years, aimed at revealing the many aspects of the World's Greatest Investor--his wit, personality, and wisdom. The first half of the book deals with Buffett's view of life, family, and friends, while the latter half focuses on Buffett's investment philosophy and observations about the market. This book is a must for every Buffettologist.

Review

"Some nice touches include a General Electric chronology and a short glossary of company lingo." -- USA Today, September 17, 1998

Product Details

  • Hardcover: 208 pages
  • Publisher: Wiley (March 14, 1997)
  • Language: English
  • ISBN-10: 047116996X
  • ISBN-13: 978-0471169963
  • Product Dimensions: 7.9 x 4.9 x 0.9 inches
  • Shipping Weight: 1.8 pounds
  • Average Customer Review: 3.7 out of 5 stars  See all reviews (27 customer reviews)
  • Amazon Best Sellers Rank: #1,521,963 in Books (See Top 100 in Books)

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Customer Reviews

27 Reviews
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Average Customer Review
3.7 out of 5 stars (27 customer reviews)
 
 
 
 
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20 of 20 people found the following review helpful:
1.0 out of 5 stars Not recommended, November 2, 2005
This review is from: Warren Buffett Speaks: Wit and Wisdom from the World's Greatest Investor (Hardcover)
If you are interested in reading about Buffett and his investment approach, this book is useless. This is a very short collection of quotes, most of which you will run into anyway.

If interested in Buffett as an investor, one good book is The Essays of Warren Buffett. If you want to save money even on this one, without missing out on the content, just download the letters to shareholders Buffett has written over the years and posted on Berkshire Hathaway's website, for free of course.
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14 of 16 people found the following review helpful:
5.0 out of 5 stars If you like Warren Buffett, you'll love this book!, January 31, 2000
This review is from: Warren Buffett Speaks: Wit and Wisdom from the World's Greatest Investor (Hardcover)
I'm a big fan of Warren Buffett already, but I have to say this is one of my favorite books of recent years. It's quite an easy read and very well written. Authored by someone who also appears to be a big fan of Warren Buffett. The book is well laid out, with sections on a number of topics. It imparts a variety of Mr. Buffett's business and investing wit & wisdom through quotes and interesting stories relating to both his personal and investing life. Not only may this book help you become a better investor, but it may also help you become a better person as well. Highly recommended, whether you invest in stocks or not.
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17 of 20 people found the following review helpful:
3.0 out of 5 stars A Collection of Quotes, April 26, 2002
This review is from: Warren Buffett Speaks: Wit and Wisdom from the World's Greatest Investor (Hardcover)
This is the wit and wisdom of Warren Buffet, the "World's Greatest Investor." Not all of the quotes are from him but are from friends, family, and colleagues. As mentioned in the book, this is more along the lines of Will Rogers. It is not strictly aphorisms on investing.

Just seeing Buffett's name sparked my enthusiasm in the book. Thinking this book would have a lot of investing tips, I was disappointed. The first part of the book consists of sayings on life in general. As the book progresses, then some investing thoughts are covered. When they are covered, they are not easily converted into a personal strategy to make a quick profit.

This does not mean that it is without merit. The key idea I will take from this book is to invest in companies rather than stock. If your research shows that the company is solid, you should invest in that company. Another idea is to invest as if you were going to leave for 5-10 years and had no way to change the investment.

There is a repeat of at least one quote. "You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beats the guy with 130 IQ." A rather encouraging thought about investing.

If you are looking for a guide to investing, then this is not your book. If you were looking for ideas to think about that would help shape long-term goals, then this would be more helpful. I would wait for the book by Warren Buffett.

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Inside This Book (learn more)
First Sentence:
When Warren Buffett speaks on stock markets, business ethics, or the price of corn in Nebraska, ears perk up all over the world. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
franchise value, claim checks
Key Phrases - Capitalized Phrases (CAPs): (learn more)
Berkshire Hathaway, Warren Buffett, New York, Ben Graham, Charlie Munger, Wall Street, Bill Gates, The Washington Post, Benjamin Graham, United States, See's Candy, Susie Buffett, The Intelligent Investor, Walter Schloss, American Express, Cap Cities, Columbia University, Salomon Inc, Omaha Royals, Robin Leach, Sam Walton, The Indefensible
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