Starting from scratch, it took the world's greatest investor, Warren Buffett, nearly five decades to make his first $100m. This book explains the reasoning behind each investing milestone on that journey, tracks the deals he made and shows how they added to his wealth.Without much of an idea about investing in shares at the beginning, Buffett had to develop his investment philosophy, and learn through success and failure how to select companies worth backing. It was not all plain sailing, with many mistakes along the way; and there were long periods of frustration with the market. The fact that Buffett made errors is quite reassuring for other investors. The key is to learn from them, and to accept with evenness of temper the many bumps in the road.
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Product Details
Weight: 449g
Dimensions: 140 x 216mm
Publication Date: 06 Nov 2017
Publisher: Harriman House Publishing
Publication City/Country: United Kingdom
Language: English
ISBN13: 9780857196033
About Glen Arnold
Despite holding positions of Professor of Investment and Professor of Corporate Finance Glen Arnold concluded that academic life was not nearly as much fun (nor as intellectually stimulating) as making money in the markets. As a wealthy investor in his fifties he now spends most of his time running his equity portfolio from an office in the heart of rural Leicestershire far from the noise of the City of London. His main research focus explores the question 'What works in investment?' drawing on the ideas of the great investors academic discoveries and corporate strategic analysis. While he used to teach on this subject in the City he would now rather concentrate on actual investment analysis but does explain his investment choices and discusses investment ideas. He is the author of the UK's bestselling investment book and bestselling corporate finance textbook.