unabasehed regard and admiration for the famous U.S. investor, Warren Buffett. I have just read and re-read another great book about Warren titled “Buffetology”. Written by Mary Buffett his (ex) daughter-in-law and David Clark, a long time friend of the Buffett family. This book is designed to teach Buffett’s system for picking successful investments. The reader is taken through the qualitative analysis and then the (relatively) simple quantitative analysis Buffett uses to determine whether an investment is worth-while or not. The book shows how Buffet takes into account the effects of taxation and inflation to determine the minimum investment return he must have and then reveals the approach through “case studies” of actual investments he has made.
The book is a delightful read, with step by step discussion broken into short chapters, making it easy to understand the approach of this modern day investment wizard. The real value of this book is that it illustrates again that the genius of Buffett is in the employment of solid, simple business principles to create wealth. Again the name of the book is “Buffetology”, cost is $21.00 in paperback.