Buffettology

Buffettology

andreyma Books Reviews

Review Buffettology: The Previously Unexplained Techniques That Have Made Warren Buffett The Worlds

by MARY BUFFETT

Description

Sure there are laudable and famous names in the investing industry, but nothing will come close to Warren Buffett. His name equates to wealth and success as his legacy in the field of investment remains unbeatable. As many aspire to follow Buffett’s footsteps, questions arise, including how he managed to build his career. Important queries were addressed in this book, Buffettology. Though it seems to be another successful person’s narrative, it is authoritative and riveting that many will gain knowledge on how Buffett did it and how to also achieve such. 

Starting from scratch, Buffett has his own methods of meticulously choosing his stocks. In return, his methodology eventually led to insurmountable wealth and established him as the man of stock investment. The author Mary Buffet, together with David Clark, created this one-stop guide to carry out discussion on how to appropriately employ the financial legend’s winning methodologies and strategies. 

This investment guide will allow readers to acquire the following:

  • Buffett’s unique strategies and winning methods
  • Utilization of these techniques to provide lasting financial success
  • Familiarize and master Buffett’s mathematical instruments that aided him in investing
  • Analyze different types of firms and companies that Buffett had endeavored with

As this book is complete with company portfolios that Buffett transacts and partnered with, Buffettology can give investors knowledge on how to develop a portfolio parallel to Warren Buffett’s. 

About the Author

Mary Buffett is one of the most respected persons when it comes to internals concerning Warren Buffett’s investment strategies. She successfully published best-selling books all about Buffett’s investment venture- which were translated into different languages and are considered to be primers of investment literature. 

She is also a globally-acclaimed speaker, entrepreneur, political activist, and environmental advocate. Considered as one of the most influential figures in the finance industry, he graced several television programs and has been an esteemed speaker for financial-related forums and conventions across the world. 

Table of Contents

PART 1: THE ART OF BASIC BUFFETTOLOGY

  1. Before You Begin This Book
  2. How to Use This Book
  3. Roots
  4. Investing from a Business Perspective
  5. What Is Businesslike Investing?
  6. Warren’s View of Earnings
  7. The Price You Pay Determines Your Rate of Return
  8. The Corporation, Stocks, Bonds- A Few Useful Explanations
  9. Valuing a Business
  10. The Only Two Things You Need to know About Business Perspective Investing: What to Buy- and at What Price
  11. What We Can Learn from Warren’s Secret Weapon: The Magic of Compounding
  12. Determining What Kind of Business You Want to Own 
  13. The Theory of an Expanding Intrinsic Value
  14. The Mediocre Business
  15. How to Identify the Excellent Business- the key to Warren’s good Fortune
  16. Nine Questions to Help You Determine If a Business IS Truly an Excellent One
  17. Where to Look for Excellent Businesses
  18. More Ways to Find a Company You Want to Invest In
  19. What You Need to Know About the Management of the Company You May Invest in
  20. When a Downturn in a Company Can Be an Investment Opportunity
  21. How Market Mechanics Whipsaw Stock Prices to Create Buying Opportunities
  22. Inflation
  23. Inflation and the Consumer Monopoly
  24. A Few Words on Taxation
  25. The Effects of Inflation and Taxation on the Rate of Return, and the Necessity to Obtain a 15% Return on Your Investment
  26. The Myth of Diversifications Versus the Concentrated Portfolio
  27. When Should You Sell Your Investments?
  28. Warren’s Different Kinds of Investments

PART 2: ADVANCED BUFFETTOLOGY

  1. The Analyst’s Role in Ascertaining Earning Power
  2. The Mathematical Tools
  3. Test #1, to Determine at a Glance the Predictability of Earnings
  4. Test #2, to Determine Your Initial Rate of Return
  5. Test 3, to Determine the Per Share Growth Rate
  6. Determining the Value of a Company Relative to Government Bonds
  7. Understanding Warren’s Preference for Companies with High Rates of Return on Equity
  8. Determining the Projected Annual Compounding Rate of Return, Part 1
  9. Determining the Projected Annual Compounding Rate of Return, Part 2
  10. The Equity/Bond with an Expanding Coupon
  11. Using the Per Share Earnings Annual Growth Rate to Project a Stock’s Future Value
  12. How a Company Can Increase Its Shareholders’ Fortunes by Buying Back the Company’s Stock
  13. How to Determine If Per Share Earnings Are Increasing Because of Share Repurchases
  14. How to Measure Management’s Ability to Utilize Retained Earnings
  15. Short-Term Arbitrage Commitments
  16. Bringing It All Together: The Case Studies
  17. How Warren Got Started: The investment Vehicle
  18. Fifty-four Companies to Look At
  19. Waiting for the Perfect Pitch

Epilogue

Index