The Warren Buffett Portfolio: Mastering the Power of the Focus Investment Strategy
|Rating||:||4.41 (606 Votes)|
|Number of Pages||:||256 Pages|
Edwards. And if the pros can't beat the averages, it's not unreasonable to assume that most individual investors can't, either. In the interest of minimizing risk, many investors have "become intellectually numb to its inevitable consequence: mediocre results." As a result, they wind up owning too many stocks and churn their portfolios unnecessarily (for example, the average mutual fund holds 100 stocks and turns over 80 percent of its portfolio annually). For thoughtful investors and devotees of Warren Buffett, who are looking for more than the next hot stock tip, The Warren Buffett Portfolio is well-written guide. It's no secret that most mutual funds f
He demonstrates how Buffett arranges his stocks in a focus portfolio and reveals why this is as responsible for his incredible returns as the individual stocks he picks. The Warren Buffett Way provided the first look into the strategies that the master uses to pick stocks. A New York Times bestseller, it is a valuable and practical primer on the principles behind the remarkable investment run of the famed oracle of Omaha. THE WARREN BUFFETT PORTFOLIO introduces the next wave of investment strategy, called focus investing. Hagstrom explains in easy-to-understand terms exactly what focus investing is, how it works, and how it can be applied by any investor at any level of experience. Ultimately, Hagstrom shows how to use this technique to build and manage a portfolio to achieve the best possible results.. A comprehensive investment strategy used with spectacular results by Buffett, focus investing directs investors to select a concentrated group of businesses by examining their management and financial positions as compared to t
A good read, but not the best on Buffett I wasn't expecting much, so I was pleasantly surprised. It's a pretty solid overview of Buffett's investment philosophy, with an emphasis on his portfolio management style, which Hagstrom calls Focus Investing. He defines it as:"Choose a few stocks that are likely to produce above-average returns over the long haul, concentrate the bulk of your investments in those stocks, and have the fort. Good Book, but "Buffettology" is Better. I liked this book and I'd certainly recommend it. However, Mary Buffett's "Buffettology" is a much better book. The two books compliment each other well, but if you're only looking for one book get "Buffettology" instead. This book is generally about NOT diversifying your stock portfolio. "Buffettology" is a much better book about Warren's OVERALL stock investment techniques.. Always pleased Judith B. Harnsberger I have not finished the book yet, but I am pleased with the content and know the book will be informative.As usual, the book arrived promptly and in good condition.