Outstanding guide for basic investment analysis,
This review is from: Creating a Portfolio like Warren Buffett: A High Return Investment Strategy (Hardcover)
This book reverse engineers and provide the secret sauce behind Warren Buffett's investment success in a very practical manner which is easy to understand and follow. Overall, this book comes highly recommended by me.
Though there are many books in the market on Buffett which provides generic tenets of his investment style, this book however removes ambiguities and distills the analysis process which goes in making Buffett the most successful investors of all time. This book with the help of several case studies clearly outlines the security selection process by going through a checklist.
Readers can go through the checklist items and investment management principles and can utilize it to gain good returns for their portfolio. Though it is not an easy task as it requires strict discipline to stick to the fundamentals but even if followed to some extent, a passive investor can avoid very common mistakes and increase his returns.
The book breaks down the complexities of valuation process by clearly laying out the most fundamental aspects which is very useful for passive investors.
Despite the fact Author has done his best in summarizing most of the principles in as clear terms, it's application by a common person also requires atleast some kind of personal wiring to the global financial markets.
Buffett's genius is in eliminating risk by staying in his circle of competence, going only for the sure thing, sticking to the fundamentals, having long term investment goals, combining value and growth models efficiently and using compounding power of owners earnings to deliver multi-fold investment returns. I have read almost all of the major books on Buffett and followed him very closely for a decade in USA but this book excel in the fact that it jots down most of the fundamental principles and actually makes an actionable items of list of things to do which is as close as you can get to Buffett's stock selection method.
Warren Buffett who is a superior grade learning machine has devoted 70 years of his lifetime into the investment field and readers studying about his investment analysis process as discussed in this book, will really help in amassing great fortunes.
End of Review
Creating a Portfolio like Warren Buffett: A High Return Investment Strategy
Published by John Wiley, highlights actual trades author Jeeva Ramaswamy has successfully executed using principles established by investment guru Warren Buffet. Clearly explaining how Buffett's principles can be used to make specific investments the book, unlike other investment guides, also clearly explains how to apply Buffett's exit strategies as they pertain to holding or selling positions. Giving readers a complete overview of Buffett's methodologies and how to apply them, the book is a step-by-step stock research checklist and comprehensive guide to investing and managing a successful stock portfolio. It includes detailed instructions to:
- Determine where to search for stock prospects
- Thoroughly research stocks using a stock research checklist
- Confidently make buy and sell decisions
- Expertly manage your portfolio
Packed with specific stock examples, real-life calculations, and expert tips, Creating a Portfolio like Warren Buffett is your guide to harnessing the market savvy of an investing legend.
From the Inside Flap
Through timely, intelligent investing, Warren Buffett has accrued a net worth of approximately $45 billion, making him the perfect role model for budding investors. However, his incredible success and the epic scope of his acquisitions can make him an intimidating mentor. But just because most investors can't afford to buy companies like GEICO and See's Candies outright doesn't mean that you can't apply—and benefit from—the same rules and strategies that Buffett has successfully employed for decades.
In Creating a Portfolio Like Warren Buffett: A High Return Investment Strategy, investment expert and Buffett disciple Jeeva Ramaswamy breaks down the rules of stock trading that made Buffett a multibillionaire so that you, too, can apply his winning ways to building your own wealth. Highlighting actual trades that Buffett successfully executed, as well as Ramaswamy's own experiences investing using principles established by Buffett, the book clearly explains everything you need to know to make intelligent investments, including when and how to exit a trade.
Packed with eighteen Stock Research Checklists that help you assess stocks from all angles—from dividends to management and from inventory to debt—this book has everything you need to make smart, informed decisions you can have confidence in. While you might think that you understand the cardinal rule of investing, "buy low and sell high," most investors find themselves forced to do the exact opposite. The key to success is gathering as much information as possible about the companies you are interested in, and having the patience to only buy when their value is down.
Ramaswamy has studied, distilled, and practiced the teachings of Warren Buffett for years with excellent results, and with this book in hand, you have everything you need to capitalize on the market savvy of one of the greatest investors of all time.
From the Back Cover
Praise for CREATING A PORTFOLIO LIKE WARREN BUFFETT
"Jeeva Ramaswamy distills Warren Buffett's ideas into various useful and highly practical checklists that should be of immense help to all investors, big and small."—Prem C. Jain, author of Buffett Beyond Value
"Creating a Portfolio like Warren Buffett is a thoughtful guide to building permanent wealth in the stock market. It is a valuable addition to any dedicated investor's library."—Janet Lowe, author and speaker
"This book offers a thoughtful overview of the approach and techniques that helped Warren Buffett become the greatest investor in the world. A very worthwhile complement to any serious value investor's library."—Sham Gad, author of The Business of Value Investing
You can purchase at Amazon.com, click the link below
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