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Hagstrom points out who Buffett is, how he operates, and why he is successful. I enjoyed the book because I also study the stock market. Even though I did very well for myself and my customers during a thirty-five year career as a stock broker, I believe I could have done even better had I had this book in 1960.
This book is easy to read and quite interesting. It has also provided a lot of information on how to to decide which stocks to buy. It also gave me an understanding that if you buy stocks in a company, you are actually buying a company. I would recommend it to all those desiring to learn about stock.
Two years ago, I started as a retail investor and tried gobbledygooks theories--aka those very partial to technical analysis to the extent that the company's intrinsic value and fundamentals are brushed aside--that prove to encourage highly-speculative attitude, a type of attitude that could erase one's funds. Feeling beaten down, I purchased every book with Warren Buffet's name, of course including this one.
The good thing about The Warren Buffett Way is the author tends to stay away from high falutin words that their understandable to anyone willing learn value investment. This is way different from the books I bought about technical analysis that included mathematical equations with some weird Greek letters.
Pretty popular book, but nothing new or groundbreaking if you are even vaguely familiar with Warren Buffett. Invest in what you know and can understand. Be greedy when others are thrifty and thrifty when others are greedy.
I really enjoyed this book, it wasn't completely comprehensive but did give a good overview of Buffet's investment style. While it didn't go heavily into the analysis of stocks that I would have liked it did describe who influenced Buffet, thanks to this book I was able to pick up some Fisher and Graham and have learned quite a bit.
All in all I would reccomend this book for someone interested in a light biography of Buffet or a little insight into how he makes decisions.