A collection of pithy and inspiring sayings from America's favorite businessman that reveal his secrets of success.
Like the sayings of the ancient Chinese philospher Lao-tzu, Warren Buffett's worldly wisdom is deceptively simple and enormously powerful in application. In "The Tao of Warren Buffett," Mary Buffett - author of three books on Warren Buffett's investment methods - joins noted Buffettologist and international lecturer David Clark to bring you Warren Buffett's smartest, funniest, and most memorable sayings with an eye toward revealing the life philosophy and the investment strategies that have made Warren Buffett, and the shareholders of Berkshire Hathaway, so enormously wealthy.
Warren Buffett's investment achievements are unparalleled. He owes his success to hard work, integrity, and that most elusive commodity of all, common sense. The quotations in this book exemplify Warren's practical strategies and provide useful illustrations for every investor - large or small - and models everyone can follow. The quotes are culled from a variety of sources, including personal conversations, corporate reports, profiles, and interviews. The authors provide short explanations for each quote and use examples from Buffett's own business transactions whenever possible to illustrate his words at work- Books Inc.
Bio
Mary Buffett
Mary Buffett is an author and lecturer on investing and was married to Warren's son Peter for twelve years. She and David Clark - a longtime friend of the Buffett family who is a portfolio manager, attorney, and lecturer on the subject of Buffettology - are the bestselling authors of the internationally acclaimed investment books Buffettology, The New Buffettology, and The Buffettology Workbook.
(born Aug. 30, 1930, Omaha, Neb., U.S.) U.S. businessman and investor. He attended the University of Nebraska (B.S., 1950) and Columbia University (M.S., 1951), where he was influenced by professor Benjamin Graham's approach toward value investingthat is, purchasing shares of companies whose stocks are priced below their intrinsic value. Returning to his native Omaha, he turned $105,000 of initial investment in his Buffett Partnership (195669) into $105 million by the time of its dissolution. He then began investing in businesses, bought under the umbrella of the textile manufacturer Berkshire Hathaway. He is said to be the first person to have made $1 billion in the stock market. His financial reports are read eagerly by stock-market novices and experts alike for their pithy wisdom.