Monday, August 11, 2008

Investment Words from the Wisest

There are many investment books and many investors. But only one Warren Buffett. He learned his craft by applying the contents of Security Analysis, written by Graham and Dodd. However, many other students have read the same book and applied its principles in their own ways. Not one has matched Buffett's performance as a stock picker. With the publication of Alice Schroeder's book, investors will learn something about Buffett's uniqueness. It will undoubtedly set a sales record for a book about investing.

Long-awaited Buffett book due out in September

Monday August 11, 2008

Long-awaited book about billionaire investor Warren Buffett is due out in September

OMAHA, Neb. (AP) -- The first book about billionaire investor Warren Buffett that he cooperated with is due out next month.

The Bantam Dell Publishing Group says it plans to release Alice Schroeder's book on Sept. 29. It is tentatively titled "The Snowball: How Warren Buffett Collected Friends, Wisdom and Wealth."

Schroeder met Buffett when she worked as an insurance analyst at Morgan Stanley and wrote a report about Buffett's company, Berkshire Hathaway.

Buffett spent thousands of hours talking with Schroeder, and he gave her access to his files and friends.

Schroeder has been working on the book at least since 2005, when she signed the deal with Bantam Dell.

The book had originally been scheduled to be released before this year's Berkshire meeting in May, but the release was delayed until September.


4 Comments:

Blogger Torrance Stephens - All-Mi-T said...

i heard about the book, u think its gone be worth its weight in $?

11:03 PM  
Blogger no_slappz said...

torrance,

A book about Warren Buffett in which he explains his investment theories and practices is absolutely worth its cover price.

I am sure finance instructors will include parts of the book in their courses. Moreover, after it is published it will be the subject of a lot of discussion on all the cable-TV Wall Street shows. Not that their chatter has meaning.

However, a key aspect of his investment success is time. He is wildly wealthy because his investment choices led to stocks that he believed would rise over periods of years, not days, weeks or months. Thus, no get-rich-quick advice will appear in the book.

8:30 PM  
Blogger Jay Midnyte said...

ay im willin to learn from anybody that gets money like that

1:01 AM  
Blogger no_slappz said...

jay,

If you want to acquire the knowledge that made Buffett a Billionaire, then study some economics, read Security Analysis by Graham & Dodd, and read the new book about Buffett.

The books will cost you $50. If you learn something from them, you can earn a huge return on your investment.

But first you need to buy a book on Economics and understand its contents. Then you will be ready for the other two.

10:20 AM  

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