Description
Like the sayings of the ancient Chinese philosopher Lao-tzu, Warren Buffett's worldly wisdom is deceptively simple and enormously powerful in application. In The Tao of Warren Buffett, Mary Buffett-author of three books on Warren Buffett's investment methods-joins noted Buffettologist and international lecturer David Clark to bring you Warren Buffett's smartest, funniest, and most memorable sayings with an eye toward revealing the life philosophy and the investment strategies that have made Warren Buffett, and the shareholders of Berkshire Hathaway, so enormously wealthy.
Warren Buffett's investment achievements are unparalleled. He owes his success to hard work, integrity, and that most elusive commodity of all, common sense. The quotations in this book exemplify Warren's practical strategies and provide useful illustrations for every investor-large or small-and models everyone can follow. The quotes are culled from a variety of sources, including personal conversations, corporate reports, profiles, and interviews. The authors provide short explanations for each quote and use examples from Buffett's own business transactions whenever possible to illustrate his words at work.
As Warren says:
"You should invest in a business that even a fool can run, because someday a fool will."
"No matter how great the talent or effort, some things just take time: You can't produce a baby in one month by getting nine women pregnant."
"Our method is very simple. We just try to buy businesses with good-to-superb underlying economics run by honest and able people and buy them at sensible prices. That's all I'm trying to do."
The Tao of Warren Buffett inspires, amuses, sharpens the mind, and offers priceless investment savvy that anyone can take to the bank. This irresistibly browsable and entertaining book is destined to become a classic.
About the Author
Mary Buffett is the coauthor of Scribner's bestselling Buffettology series, and a contributor to HuffPost and the online magazine Thrive Global. Mary's online school-BuffettOnlineSchool.com-provides monthly investment insights and helps students learn to build successful stock portfolios.
For over twenty years, David Clark has been considered the world's leading authority on the subject of Warren Buffett's investment methods. His international bestselling investment books, The Tao of Charlie Munger and those coauthored with Mary Buffett-Buffettology, The Buffettology Workbook, The New Buffettology, The Tao of Warren Buffett, Warren Buffett and the Interpretation of Financial Statements, The Management Secrets of Warren Buffett, Warren Buffett and The Art of Stock Arbitrage, and The Warren Buffett Stock Portfolio-have been translated into more than twenty languages and are considered "investment classics" the world over.
Reviews
"This is destined to be the business world's Little Red Book that investors and managers will resort to over and over. David Clark and Mary Buffett have again captured the heart, soul, and ethos of Warren Buffett - giving us practical, lasting strategies we can use to improve our financial performance."
-- Timothy Vick, Senior Portfolio Manager, The Sanibel Captiva trust Co., and author of How to Pick Stocks Like Warren Buffett
Book Information
ISBN 9781416541325
Author Mary Buffett
Format Hardback
Page Count 192
Imprint Simon Spotlight Entertainment
Publisher Simon & Schuster
Weight(grams) 318g
Dimensions(mm) 191mm * 143mm * 18mm