If there is one book you read this year this is the one: THE SNOWBALL Warren Buffet and the Business of Life, first published 2008, author Alice Schroeder. You have to pay your dues if you want to invest in the stock-market. This books spells it all out for the reader, essentially it is a biography of Warren Buffet and extremely well researched and written. Buy the book and see it as an investment in your education and save a bundle along the way.
GoldBull is acurate with the title - the book is not too long for someone geniunely wanting to learn something about how Warren Buffett operates. This book provides huge insight into his whole organisation, how it was create and what principles are applied... and stories about the man behind the legend... great read!!!
I gave up on continuing to read this book as I reached Chapter 49 " The Angry Gods" on Page 597.Wow!! I really became bored (this was in December 2008 already) - have not touched the book since then. (I still have 233 pages left to read) & don't think I have the energy. I must admit that I find " The Intelligent Investor" a very very interesting read by Benjamin Graham with new commentary by Jason Zweig.
you really dont like this guy, hey? Just and observation (i didnt know where to post it, it might not be relevant to this thread)... You know people always tend to complain and say how certain peoples strategies are outdated and dont work, etc. I came across this in 3 guys i read extensively about, 1) Warren Buffett, people think he is too old and his approach doesnt work (rubbish), 2) Jamie Dimon, people said that he is loosing out by not participating more actively in the sub-prime market and the associated derivatives, look where that got him (worlds most admired banker), 3) John Paulson, people said his method of doing in-dept research was outdated and he was too old with lots of young hedge fund managers outdoing him (look where those young guys are now and where he is)...