The Essential Buffett: Timeless Principles for the New Economy

Description

THE ESSENTIAL BUFFETT -- CONTENTS -- 1 THE UNREASONABLE MAN -- Lesson 1 -- Lesson 2 -- A Better Yardstick -- Lesson 3 -- The Search for Patterns -- Why Has Wall Street Ignored Warren Buf fett? -- A Different Way of Thinking -- 2 THE WORLD'S GREATEST INVESTOR -- Investment Beginnings -- The Buffett Partnership, Ltd. -- The Early Days of Berkshire Hathaway -- The Insurance Business -- A Mosaic of Other Businesses -- The Man and His Company -- 3 LESSONS FROM THE THREE WISE MEN OF FINANCE -- Benjamin Graham -- Philip Fisher -- Charlie Munger -- A Blending of Inf luences.;Critical Praise for The Essential Buffett ""Far more than a first-class distillation of the investment wisdom of Warren Buffett, The Essential Buffett is an education. By placing Buffett's approach into a broader context, Robert Hagstrom captures not just the key ideas of this century's investing giants, from Ben Graham to Phil Fisher, but also lucidly explains the theoretical foundation of their insights, including probability theory and psychology. This is not simply an investing book; it is an investing library.""--CHRIS DAVIS, Portfolio Manager Davis New York Ven. THE ESSENTIAL BUFFETT -- CONTENTS -- 1 THE UNREASONABLE MAN -- Lesson 1 -- Lesson 2 -- A Better Yardstick -- Lesson 3 -- The Search for Patterns -- Why Has Wall Street Ignored Warren Buf fett? -- A Different Way of Thinking -- 2 THE WORLD'S GREATEST INVESTOR -- Investment Beginnings -- The Buffett Partnership, Ltd. -- The Early Days of Berkshire Hathaway -- The Insurance Business -- A Mosaic of Other Businesses -- The Man and His Company -- 3 LESSONS FROM THE THREE WISE MEN OF FINANCE -- Benjamin Graham -- Philip Fisher -- Charlie Munger -- A Blending of Inf luences. 4 GUIDELINES FOR BUYING A BUSINESS: TWELVE IMMUTABLE TENETS -- Business Tenets -- Management Tenets -- Financial Tenets -- Market Tenets -- The Coca-Cola Company -- The Intelligent Investor -- 5 FOCUS INVESTING: THEORY AND MECHANICS -- Focus Investing: The Big Picture -- Do the Math -- Modern Portfolio Theory -- 6 MANAGING YOUR PORTFOLIO: THE CHALLENGE OF FOCUS INVESTING -- John Maynard Keynes -- Charles Munger Partnership -- Sequoia Fund -- Lou Simpson -- Three Thousand Focus Investors -- A Better Way to Measure Performance -- Two Good Reasons to Move Like a Sloth -- Fair Warning Label. 7 THE EMOTIONAL SIDE OF MONEY -- The Temperament of a True Investor -- 8 NEW OPPORTUNITIES, TIMELESS PRINCIPLES -- Beyond Buffett -- Technology Stocks -- Smaller and Mid-Capitalization Stocks -- International Stocks -- Learning from the Best -- NOTES -- ACKNOWLEDGEMENTS -- INDEX.