Product Details

John C. Bogle

Robert Hagstrom presents an in-depth examination of Warren Buffett's strategies, and the 'how and why' behind his selection of each of the major securities that have contributed to his remarkable record of success. His 'homespun' wisdom and philosophy are also part of this comprehensive, interesting, and readable book.

Charles D. Ellis

Warren Buffett is surely the Greatest Investor of this century—not so much because he built a great fortune within a free market as because he has shared his important thinking with us and has openly demonstrated the sagacity and courage so vital to success. Berkshire Hathaway has been my largest, longest investment. Warren has been my best teacher.

Peter S. Lynch

The Warren Buffett Way outlines his career and presents examples of how his investment techniques and methods evolved and the important individuals in that process. It also details the key investment decisions that produced his unmatched record of performance.

Forbes - Kenneth L. Fisher

Simply the most important new stock book of the 1990s, to date. Buy it and read it.

Wall Street Journal

. . . an extraordinarily useful account of the methods of an investor held by many to be the world's greatest.

Time - John Rothchild

It's first rate. Buffett gets a lot of attention for what he preaches, but nobody has described what he practices better than Hagstrom. Here is the lowdown on every major stock he ever bought and why he bought it. Fascinating. You could even try this at home.

Wall Street Journal

An extraordinarily useful account of the methods of an investor held by many to be the world s greatest.

Martin S. Fridson

Warren Buffett is often characterized simply as a 'value investor' or a 'Ben Graham disciple.' Hagstrom fills in the rest of the story with some immensely practical pointers on prospering in the market.

Phil Fisher

In simple language this book tells the rules by which the most successful American stock investor of modern time got that way. It could be a godsend to the legion of unhappy investors who keep floundering because they ignore the basics of major investment success.

Publishers Weekly

Starting with $10,000 in 1956 and today worth some $8.5 billion, with significant holdings in Coca-Cola, Capital Cities/ ABC and the Washington Post Company, Omaha, Nebr.-based Buffet is a major player on Wall Street. Financial consultant Hagstrom, who did not interview his subject but obtained permission to quote from his Berkshire Hathaway annual reports, here outlines Buffet's iconoclastic tenets for investing. Unlike many entrepreneurs who take over companies to sell them off in bits, Buffet buys and holds. He rejects the ``efficient market theory''; he doesn't worry about the stock market; and he buys a business, not a stock. He manages with a small staff, no computers and a ``hands off'' strategy. Learning his secrets here, now the rest of us can do a Buffet? Illustrations. Fortune Book Club dual main selection. (Nov.)

Library Journal

Hagstrom, a principal in a Philadelphia investment firm, describes the investment strategies and techniques used by Warren Buffett to realize enormous success as a professional investor. Aiming his analysis at the individual investor, Hagstrom reviews the influence of Buffett's mentors, Ben Graham and Philip Fisher, and illustrates Buffett's synthesis of their investment philosophies. Hagstrom provides case studies of Buffett's major investments, showing the qualities of the companies that had appeal. Buffett's investment philosophy espouses long-term investing, respect for good management, and recognition of the value of a business franchise. This insightful work is a worthwhile complement to Graham's classic writings, considered essential for new investors.-Joseph Barth, U.S. Military Acad. Lib., West Point, N.Y.

David Rouse

Warren Buffett was identified as the richest person in America by "Forbes" last year. Of the more than 70 individuals or families worth more than $1 billion on "Forbes" list, only Buffett acquired his wealth through investing. Hagstrom, a principal at a Philadelphia investment firm, has tracked the success of Buffett for more than 10 years and argues that the same strategies that Buffett uses in selecting acquisitions can be used by individuals in selecting stocks. Buffett's firm, Berkshire Hathaway, has one of the most widely read annual reports issued, with Buffett himself personally contributing advice, humor, and insight. Hagstrom had Buffett's approval in including extensive quotes from these reports, but Buffett cooperated in no other way with this book. Hagstrom examines the influence of Benjamin Graham and his classic "The Intelligent Investor" on Buffett and details what Buffett looks for in his investments. Recommended for libraries with popular investment collections.

What People Are Saying

Robert Hagstrom presents an in-depth examination of Warren Buffett's strategies, and the 'how and why' behind his selection of each of the major securities that have contributed to his remarkable record of success. His 'homespun' wisdom and philosophy are also part of this comprehensive, interesting, and readable book. (John C. Bogle, Chairman, The Vanguard Group)

What People Are Saying

The Warren Buffett Way outlines his career and presents examples of how his investment techniques and methods evolved and the important individuals in that process. It also details the key investment decisions that produced his unmatched record of performance. (from the Foreword by Peter S. Lynch, Bestselling author, One Up on Wall Street and Beating the Street)

What People Are Saying

It's first rate. Buffett gets a lot of attention for what he preaches, but nobody has described what he practices better than Hagstrom. Here is the lowdown on every major stock he ever bought and why he bought it. Fascinating. You could even try this at home. (John Rothchild, Financial columnist, Time magazine)

What People Are Saying

If you think you know all about Warren Buffett, you have a lot to learn from this book. I can't say enough good things about it, so I won't say much more than read it. (Kenneth L. Fisher, Forbes)

• Table of Contents

Table of Contents