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Book: Buffettology: The Previously Unexplained Techniques That Have Made Warren Buffett The Worlds :: Robert Kiyosaki|Books :: Book
Date: Thursday, 08 January, 2009 :: 04:15
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Buffettology: The Previously Unexplained Techniques That Have Made Warren Buffett The Worlds
List Price: USD $17.00
from USD $6.49
Product Group: book
Manufacturer: Scribner
Studio: Scribner
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Editorial Review:
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Reviews:
Average Customer Review: 
Summary: lots to learn
Date: 2008-04-06 -
Comment: This book was very good - especially the first half, before it gets heavily into the math equations. It was right about at my limits of understanding, (as a math-minded, but a relatively inexperienced investor) and I appreciated the numerous examples. The author had a rough task in making the book readable for folks like me as well as MBAs and more experienced investors. I thought she did a decent job, but did leave off some definitions of terms from balance sheets and cash flow statements.
I found a math error in the first part of the math section, and gave up from there, but the earlier parts of the book still made it very much a worthwhile read.
1 of 1 people found the following review helpful:
Summary: Sound and Actionable
Date: 2008-03-15 -
Comment: Many books have been written about Warren Buffet's way of picking the right stocks at the right time, but this one is the most sound, concise and actionable. There is another book similar to this one: "The Warren Buffet Way" by Robert G. Hagstrom, but it misses the important topics laid out in the "Buffettology". These major topics are: what are the differences between a "consumer monopoly" and a "commodity"; how to calculate the rate of return over a long period of time before choosing the investment; and so on. There is another great book about Warren Buffet and his investment strategy - "Buffet: The Making of an American Capitalist" by Roger Lowenstein, but it better describes Mr. Buffet's biography and his relations with family, friends and the society, rather than how did he evaluate the companies. But please note that "Buffettology" is not a replacement of the book by Roger Lowenstein, I highly recommend reading both of them. What is you can omit is the book by Robert G. Hagstrom, above mentioned.
I would recommend an abridged audio version of the "Buffettology" instead of the printed hardcover. The audio version discloses the most important factors of Mr. Buffet's investment principles pretty well. Some of the background information is available on free letters to shareholders and Mr. Buffet's lectures, but you might not want to crawl thought all these; you might want to save time and just listen the "Buffettology" audio or read the "Buffettology" book, where all this information is perfectly summarized and laid out in a consistent way.
1 of 1 people found the following review helpful:
Summary: Get an abridged audio instead of this paperback
Date: 2008-03-15 -
Comment: Many books have been written about Warren Buffet's way of picking the right stocks at the right time, but this one is the most sound, concise and actionable. There is another book similar to this one: "The Warren Buffet Way" by Robert G. Hagstrom, but it misses the important topics laid out in the "Buffetology". These major topics are: what are the differences between a "consumer monopoly" and a "commodity"; how to calculate the rate of return over a long period of time before choosing the investment; and so on. There is another great book about Warren Buffet and his investment strategy - "Buffet: The Making of an American Capitalist" by Roger Lowenstein, but it better describes Mr. Buffet's biography and his relations with family, friends and the society, rather than how did he evaluate the companies. But please note that "Buffetology" is not a replacement of the book by Roger Lowenstein, I highly recommend reading both of them. What is you can omit is the book by Robert G. Hagstrom, above mentioned.
I would recommend an abridged audio version of the "Buffetology" instead of the printed book. The audio version discloses the most important factors of Mr. Buffet's investment principles pretty well. Some of the background information is available on free letters to shareholders and Mr. Buffet's lectures, but you might not want to crawl thought all these; you might want to save time and just listen the "Buffetology" audio or read the "Buffetology" book, where all this information is perfectly summarized and laid out in a consistent way.
Summary: Time-tested, Tried and True!
Date: 2008-02-09 - 
Comment: BOTTOM LINE:
INVESTMENTS - It's all about the basics!
This is my personal investment bible. First read it back in 1999; still refer back to it when pondering my next investment move. Mary goes DEEP into the mind of Warren and shares all of his secrets. She even bothers doing the math for us. I have found that the worksheets still 'work', even with today's constantly-changing internet market.
A+
Summary: I was expecting to hate this book... I didn't.
Date: 2008-01-13 -
Comment: Let me start off by saying that I agree with those who note that this books marketing strategy- relying heavily on the "Mary Buffett" name- is most certainlly a bit misleading. Pretty safe to say that Mary Buffett isn't much of an expert on her former father-in-law and if one were to completely remove her name from this book, it quite likely wouldn't sell as many copies as it has. I assumed this from the outset and after completing the book, I soon realized that my assumptions were correct. I seriously doubt that Mary Buffett wrote a single word of this book and even if she had, I think her last name overvalues her actual understanding of what WB is all about.
With that said, objectively considering "Buffettology" as being nothing more than a book that proffers a simplified value investing strategy similar to the one practiced by WB's (in a broad sort of way) this book is surprisingly good indeed. Buffettology outlines a (very) basic framework for Buffetts philosophy of investing, which is an interesting amalgam of Ben Graham (pure value), Phil Fischer (pure upside considerations) and uniquely Warren Buffett (the ability to pick the winners at the right times). It also provides just enough technical information- particularly on calculations- to be extremely useful to the beginner or the layperson.
All in all, I would highly, highly recommend this book to beginners who are still developing their sea-legs in the investing world and are trying to figure out exactly what kind of investor they really are. Also, for advanced investors who themselves are more the market-timer types but find themselves interested in gaining a very basic comprehension of what value investing is all about, this book would be a superb starting point.
I think Buffettology occupies a pretty good place in the realm of beginners investing literature. I wouldn't hesitate to recommend it to most anyone.
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Accessories:
The Buffettology Workbook: Value Investing The Warren Buffett Way
The New Buffettology: The Proven Techniques for Investing Successfully in Changing Markets That Have Made Warren Buffett the World's Most Famous Investor
The Tao of Warren Buffett: Warren Buffett's Words of Wisdom: Quotations and Interpretations to Help Guide You to Billionaire Wealth and Enlightened Business Management
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Similar - People who bought this also bought below
The Buffettology Workbook: Value Investing The Warren Buffett Way
The New Buffettology: The Proven Techniques for Investing Successfully in Changing Markets That Have Made Warren Buffett the World's Most Famous Investor
The Warren Buffett Way, Second Edition
The Intelligent Investor: The Definitive Book on Value Investing. A Book of Practical Counsel (Revised Edition)
The Tao of Warren Buffett: Warren Buffett's Words of Wisdom: Quotations and Interpretations to Help Guide You to Billionaire Wealth and Enlightened Business Management
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