

The Warren Buffett Way, 30th Anniversary Edition (Wiley Investment Classics) [Hagstrom, Robert G., Lynch, Peter, Miller, Bill, Marks, Howard] on desertcart.com. *FREE* shipping on qualifying offers. The Warren Buffett Way, 30th Anniversary Edition (Wiley Investment Classics) Review: A good read!!! - This book explains Buffett’s investment philosophy in a clear and approachable way. It focuses more on mindset and long-term thinking than quick strategies. Some sections feel repetitive if you already know the basics of value investing. The real-world examples are helpful and well explained. It’s more educational than exciting, but that’s expected. Best for readers who want fundamentals rather than shortcuts. A solid investment classic. Review: The Buffett Way works - Fantastic book. It even goes into GAAP, Generally Accepted Account Principles, but not too deep. I was surprised by an extended discussion of intangible v. tangible investments and how those are captured on the income and balance sheets respectively. I don't think this discussion was in the original 1984 version of the book. Intangibles, things like software and R&D, are captured on the income statement. Tangibles, stuff like factory machinery, is captured on the balance sheet and then expensed a certain percentage each year. Why is this important? Most tech companies are extremely intangible heavy. You're going to be finding a lot of what they spend their money on (software and R&D), on the income statement. But what if it's Tesla? They dump billions into intangibles and tangibles, so you have to scrutinize both sheets. The book went over two specific models for valuing companies, but didn't call them out by name. One is the Gordon Growth Model and the other valuation model is the Zero Growth model. The application of these, along with DCF, to the purchases of Coca Cola, the Washington Post, and several others was eye-opening and educational.

| Best Sellers Rank | #17,962 in Books ( See Top 100 in Books ) #5 in Business Investments #18 in Wealth Management (Books) #68 in Introduction to Investing |
| Customer Reviews | 4.7 out of 5 stars 241 Reviews |
A**A
A good read!!!
This book explains Buffett’s investment philosophy in a clear and approachable way. It focuses more on mindset and long-term thinking than quick strategies. Some sections feel repetitive if you already know the basics of value investing. The real-world examples are helpful and well explained. It’s more educational than exciting, but that’s expected. Best for readers who want fundamentals rather than shortcuts. A solid investment classic.
J**E
The Buffett Way works
Fantastic book. It even goes into GAAP, Generally Accepted Account Principles, but not too deep. I was surprised by an extended discussion of intangible v. tangible investments and how those are captured on the income and balance sheets respectively. I don't think this discussion was in the original 1984 version of the book. Intangibles, things like software and R&D, are captured on the income statement. Tangibles, stuff like factory machinery, is captured on the balance sheet and then expensed a certain percentage each year. Why is this important? Most tech companies are extremely intangible heavy. You're going to be finding a lot of what they spend their money on (software and R&D), on the income statement. But what if it's Tesla? They dump billions into intangibles and tangibles, so you have to scrutinize both sheets. The book went over two specific models for valuing companies, but didn't call them out by name. One is the Gordon Growth Model and the other valuation model is the Zero Growth model. The application of these, along with DCF, to the purchases of Coca Cola, the Washington Post, and several others was eye-opening and educational.
S**E
Excellent Read
Great book about Warren Buffett. Gives you a look at Buffett's philosophy, when buying stocks, you are buying a fractional interest in the business, focus on a low turnover portfolio, invest only in what you know and understand, make sure you have a margin of safety between the purchase price and the company’s long-term value
F**K
Buffett is the GOAT
This book delivers Buffett at his best. Whenever I question a potential investment, I ask myself what would Warren Buffett do? This book will serve as great resource and reminder of the proper way to invest - The Buffett Way.
J**N
Great book
Good listen
R**Y
I love this book
Great book. I had it before but ended up losing it while moving. I had to get it again .
J**L
How to be successful.
How to get into the mind of One of the most successful entrepreneurs and investors that ever lived. If he can do it you can too.
N**N
Interesting Read about Warren Buffet
Interesting read about Buffet's life and views/knowledge on investing. He's very intelligent and utilizes common sense when it comes to his investments.
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