A Word From One Investor To Another: Based On Techniques And Wisdom Provided By The World's Most Famous And Successful Investor Warren Buffett
by Manan Shroff (Author)
Book review
Well written book for investors who admires Warren Buffet. Very well explained basic concept with some wonderful examples. It explains in such a simple term so person can understand all various concepts such as returns calculation, dividend and share buybacks, decision making techniques. Not too many authors dare compare their strategies to the S&P 500, as mostly they under perform, but this author shows how to invest using Warren Buffet methodologies and keep up or beat the S&P 500.
Brief contents
1. What Is an Investment?
2. What Is Speculation?
3. Important Investment Terms
4. Brand vs Commodity
5. Short-Term Trading vs Long-Term Trading
6. Calculate The Initial Rate Of Return And Cumulative Return Based On GAAP
7. Calculate The Initial Rate Of Return And Cumulative Return Based On Owner Earnings
8. Calculate The Return Based on 10-Year Average P/E Ratio
9. Calculate The Return Based on 10-Year Average Return on Equity
10. Calculate The Purchase Price Based on a Pre- Determine Rate of Return
11. Calculate The Return on Retained Earnings
12. The Decision-Making
13. Dividends and Shares Buybacks
14. A Concentrated Stock Portfolio
15. Mutual Funds or Index Funds
16. Berkshire Hathaway vs Index Funds
17. Home Payments vs Stock Investments
18. Investing in IPOs
19. How to Create Your Own Fund and Track Your Own Performance vs the S&P 500 – Part 1
20. How to Create Your Own Fund and Track Your Own Performance vs the S&P 500 – Part 2
21. How to Create Your Own Fund and Track Your Own Performance vs the S&P 500 – Part 3
22. Make a Decision Based On Owner Earnings
23. My 25 Favorites Quotes from Warren Buffett
Pages: 146 pages
Publisher: CreateSpace Independent Publishing Platform; 2018 edition (July 10, 2018)
Language: English
ISBN-10: 1722884452
ISBN-13: 978-1722884451