Product Description

First published in 1984, The Warren Buffet Way gave investors their first in-depth look at the innovative investment and business strategies behind this living legend's spectacular success. Tracing Warren Buffett's career from the beginning, Hagstrom revealed to listeners exactly how, starting with an initial investment of only $100, Buffett built a business empire worth $19.4 billion. The second edition of The Warren Buffet Way completely updates this classic audiobook on its tenth anniversary with new material on Buffett's recent acquisitions, debt deals, and approaches to fixed income and technology.

Product Details

• Amazon Sales Rank: #540234 in Books
• Published on: 2004-10-26
• Released on: 2004-10-26
• Formats: Abridged, Audiobook
• Original language: English
• Dimensions: 6.24" h x .95" w x 5.49" l, .31 pounds
• Binding: Audio CD

From 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.
Copyright 1994 Reed Business Information, Inc.

From 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.
Copyright 1994 Reed Business Information, Inc.

From AudioFile
The investment legend's personal story and investment methods make for a surprisingly captivating audio. Though Stefan Rudnicki's pacing is too slow, crisp writing and a fast-moving story line make this condensed production of Hagstrom's 1994 book captivating listening. The author is the preeminent Buffett expert, and it shows. Though the abridgment sacrifices some of the folksy texture and cultural context of Buffett's life, the strategies connected with Buffett's success are spelled out with elegant clarity--not just the business formulas, but the personal biases and management philosophies, as well. An essential investment audio, and a nice resource for all equity investors. T.W. © AudioFile 2005, Portland, Maine-- Copyright © AudioFile, Portland, Maine