Mary Buffett and David Clark look at stocks in Warren’s portfolio as the basis for books in Buffett and Clark’s successful series—Buffettology, The Buffettology. David said: A beginners guide to value investing21 April I just clicked on Mary Buffett’s name on David Clark Mary Buffett, former daughter-in-law of this legendary financial genius and a succes In the world of investing, the name. The new Buffettology: the proven techniques for investing successfully in Warren Buffett the world’s most famous investor / Mary Buffett and David Clark. p. cm.
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Goodreads helps you keep track of books you want to read. Want to Read saving…. Want to Read Currently Reading Read. Refresh and try again. Open Preview See a Problem? Thanks for telling us about the problem. Return to Book Page. Preview — Buffettology by Mary Buffett. In the world of investing, the name Warren Buffett is synonymous with success and prosperity. Learn how Warren Buffett did it—and how you can too.
Building from the ground up, Buffett chose wisely and picked his stocks with care, in turn amassing the huge fortune for which he is now famous.
Mary Buffett, former daughter-in-law of this legendary financial genius and a succes In the world of investing, the name Warren Buffett is synonymous with success and prosperity. Mary Buffett, former daughter-in-law of this legendary financial genius and a successful businesswoman in her own right, has teamed up with noted Buffettologist David Clark to create Buffettology, a one-of-a-kind investment guide that explains the winning strategies of the master.
Paperbackpages. Published June 8th by Scribner first published To see what your friends thought of this book, please sign up. To ask other readers questions about Buffettologyplease sign up. Lists with This Book. Jul 23, David Sarkies rated it did not like it Recommends it for: People interested in finance.
A beginners guide to buffettklogy investing 21 April I just clicked on Mary Buffett’s name on Goodreads and discovered that she is actually the author of quite a large number of books, and each of those books has the name ‘Warren Buffett’ somewhere in the title though in reality there are only four books.
To be honest with you I am not really sure who Mary Buffett is because she is not one of Warren’s children, nor is she his ex-wife who is dead, by the way but from what I can remember when I r A beginners guide to value investing 21 April I just clicked on Mary Buffett’s name on Goodreads and discovered that she is actually the author of quite a large number of books, and each of those books has the name ‘Warren Buffett’ somewhere in the title though in reality there are only four books.
To be honest with you I am not really sure who Mary Davif is because she is not one of Warren’s children, nor is buffettklogy his ex-wife who is dead, by the way but from what I can remember when I read this book she is connected to him somehow if not simply using his name to make it appear that she is connected with the self-made billionaire so as to sell more books.
What this book does is that it explores Warren Buffett’s strategy of investing in companies that are undervalued, a term known as value investing, at a point in time when the company is going ‘cheap’: The problem is trying to work out whether a company is undervalued or not, and also having the spare capital to invest. Warren’s strategy has worked for him, which is why he is now a billionaire, however we must remember that there was also a lot of ubffett and guess work on his side.
The issue that I had with this book was, well, first of all it suggested that I wanted to be a billionaire, which, well, I don’t because, well, I really do not think that having lots of money is really going to make my life any better though having money would be a benefit because it means that I could quit my job and then go back to university and self-fund my way through it, which at this stage I cannot. The other issue that I have with the book was the anf that were being put forward, and these were using a term call ‘future value’ which is a vague figure at some bu in the future which only comes about through predictions and speculations.
My biggest issue with the market is that it tries to make concrete some future point that may not come about, yet people will hold onto those suppositions as if they were true. There are a lot of theories that abound as to how the market works, and my theory is basically that it doesn’t. In fact my theory is that the stock market is nothing more than a mathematical illusion that exists simply because we want to believe that it exists and is efficient because we want to believe that it is efficient.
In fact, the whole basis of the market is that it exists on confidence, and if nobody had any confidence in the market then the whole system would collapse. In fact this has come about numerous times, and they usually end up with names like Black Friday, Black Tuesday, well, actually any day with the world black in front of it. The sad thing is that when a market or even a particular stock crashes yb that way it is usually us poor sods that are bhffett standing around holding our dicks in our hands as the wealthy elite run off with all of our money, and all that we are left with are a bunch of worthless pieces of paper.
That is all a share is, and in a buffettolog it is no longer even that, and that is a piece of paper that represents ownership in a company, and also the right to vote at an annual general meeting.
In the end if that company collapses in a heap of debt, then in that piece of paper or the representation of that piece of paper is absolutely worthless. However, the problem is that we need to prepare and we need to use our resources wisely, which means investing it in as many ways as possible, whether it be through a superfund, or directly as I tend to do it because getting money out of a superfund, even when you are entitled to it, can be nigh impossible — just ask the guy that sits next to me at work.
Nov 22, Darius rated it did buffettollgy like it Shelves: I figure the only reason it sells is that people like me are curious if the author — being Buffett’s daughter-in-law — can provide insights not available elsewhere. In this regard, and almost every other, the book was a miserable failure. All the true advice in the book is pretty obvious and better available elsewhere.
The New Buffettology
Jul 21, Rahul Bohara rated it it was amazing. After Intelligent Investor, The best book i have read so far on value investing. Dec 31, Adam rated it really liked it Shelves: If you are looking for some ground-breaking Buffett investment revelation in this book, you’ll be disappointed.
But if you follow Warren Buffett, then you know that very little of his investment philosophy is truly ground-breaking, but that’s the point. It’s simple, but difficult to apply. What you will find in this book is what I have found to be difficult to find elsewhere.
This book essentially combines the qualitative investment philosophy that Warren talks about a great deal about publicly w If you are looking for some ground-breaking Buffett investment revelation in this book, you’ll be claro. This book essentially combines the qualitative investment philosophy that Warren talks about a great deal about publicly with the quantitive aspects he rarely talks about directly.
And it does a pretty good job of combining these two worlds. The discussion of Warren’s qualitative approach is nothing new if you’ve heard any of Warren’s talks or if you’ve read any of his shareholder letters. I think some of the phrases might have been lifted straight from the letters. As I expected before I read this book, Warren’s technical approach is just davic simple as his qualitative approach.
Let me be clear, that’s not a bad thing. It’s almost reassuring to find that Warren is as consistent with his technical strategy as he is with his qualitative strategy. One downside of this book is having been published insome of the case studies featured in this book turned out to be pretty bad businesses.
For example, the author features Freddie Mac, which Warren was an investor, but this book was written before he sold his stock and got out buvfett the business before the housing crash. Also, the author suggests Bear Stearns as a possible “Warren investment company. Sep 05, Alvin Lim rated it really liked it Shelves: Buffettology is the first book from someone who, thanks to personal and professional access to Warren Buffett, has been uniquely positioned to learn from the master.
Mary Buffett had the privilege — during her twelve years as his daughter-in-law — of sharing some of this very private genius’s informal discussions of his investing philosophy, and now she shares some of nuffett invaluable observations with us.
Lessons from Buffettology (Summary)
This breakthrough book offers a full-blown explanation of how Buffett uses Business Perspe Buffettology is the first book from someone who, thanks to personal and professional access to Warren Buffett, has been uniquely positioned to learn from the master.
This breakthrough book offers a full-blown explanation of how Buffett uses Business Perspective Investing as a wealth-building tool. His strategy is not so much to “pick stock” but to search for and invest in excellent companies whose intrinsic value and potential earnings he can reasonably predict through a series of steps we learn about throughout the book. Aug 28, Bill rated it it was ok. Very poorly written overall. Perhaps the most annoying tic is to ascribe Corporate Finance ideas to Mr.
This would be like a book about a physicist, let’s call him Mr. Smith, believing in gravity. Contradictory ideas are not explained. Jul 09, Sharang Limaye rated it liked it. There’s nothing groundbreaking here.
It works more as a primer for economics at large and the stock market in particular. The later half of the book is full of mathematical equations, designed to help wannabe Buffetts in making sound stock-buying calls.
For the casual reader though, its the first half which is interesting as it provides an insight into the mind of the world’s most successful investor. Jul 16, Branden rated it it was amazing. Dec 30, Tim Carter rated it it was ok.
I have a different edition. Well, what can I say. I’d say it clearly is the work of an ex family member, trying hard Apr 06, Joseph Buffetgology rated it liked it. The information was severely outdated and the author was extremely redundant.
I gave a generous 3 marg because I enjoyed hearing the stories of Warren when he was younger. Yesterday, I completed the book: This is the book that tells you how you too can make a lot of money with certain qualifications.
I highly recommend it!!
The ma Yesterday, I completed the book: You also have to be quite obsessed with making money. You also have to be able to live off of a fraction of your earnings until you start to really roll in the dosh — that means patience and a willingness to buffethology instant gratification.
But once you clar these things, you can be well on your way to becoming quite wealthy — in 30 or so years. Anyway, as I said, this is an excellent read for anyone interested in working their way into a comfortable lifestyle and Bufdettology highly recommend the book.
Mar 28, Jonathan Perez rated it really liked it. I picked up this little book Buffettology last year in early This one will remind you, that when buying great I picked up this little book Buffettology last year in early Nevertheless, this book had some impact on me.
Since it was written inalready 18 years ago, it made me realize that on the topic of value investing, everything has already been written many times over and since many years already. Nov 19, Joel Gray rated it really liked it. The intrinsic value of an investment is the projected annual compounding rate of the return the investment will produce.