Warren Buffett Way, 30th Anniversary Edition 4th edition

"Warren Buffett remains one of the most sought-after and watched figures in business today. He has become a billionaire and investment sage by buying chunks of companies and holding onto them, managing them as businesses, and eventually reaping huge profits for himself and investors in Berkshire Hathaway. The three editions of The Warren Buffett Way gave investors their first in-depth look at the innovative investment and business strategies behind the spectacular success of living legend Warren E. Buffett. Tracing Warren Buffett's career from the beginning, Hagstrom told readers exactly how, starting with an initial investment of only $100 Buffett built a business empire and has an estimated net worth of $44 billion, and focused on the timeless principles and strategies behind Buffett's extraordinary investment success. The Classic will revert to and focus on the original Warren Buffett teachings, be 100% Warren Buffet. What academic work that supports Buffet's teaching will be footnoted but not be in the text. So no add-ons to Buffet teachings. Hagstrom will add in the 2013-2021 portfolios (for which he will use his Appendix in WBW 3rd edition). He will include new tables from WB Portfolio from the Superinvestors chapter. He will write a new Author Preface to mark the 30th anniversary of the first edition publication, but he believes the Forewords of Peter Lynch, Bill Miller, and Howard Marks should stay -- they cannot be topped by anyone else"--
An insightful new take on the life and work of one of the world's most remarkable investors: Warren Buffett In the 30th Anniversary Edition of The Warren Buffett Way, celebrated author and investor Robert Hagstrom delivers the definitive version of his bestselling compendium of the investment strategies made famous by Warren Buffett. The Warren Buffett Way describes the twelve investment tenets of Warren Buffett's strategy called business-driven investing and his distinct approach to managing a portfolio of businesses. You'll learn how you can apply these same principles to building your own portfolio and find discussions on the psychology of long-term investing, its optimal benefits, and how to avoid the most common pitfalls and mistakes encountered by investors. This latest edition includes: A new author preface to complement the existing forewords from Peter Lynch, Bill Miller, and Howard Marks. Insights on how to achieve worldly wisdom advanced by Warren Buffett's longtime business partner Charlie Munger. Footnotes and references to academic work that supports and expands on Warren Buffett's investment approach and portfolio management. The complete Berkshire Hathaway common stocks portfolios from 1977-2021. An indispensable guide to the remarkable work and accomplishments of Warren Buffett, The Warren Buffett Way is a can't-miss resource for professional and individual investors who want to learn from the world's greatest investor.