Deals of Warren Buffett, Volume 2
In this second volume of The Deals of Warren Buffett, the story continues as we trace Warren Buffett's journey to his first $1bn. When we left Buffett at the end of Volume 1, he had reached a fortune of $100m. In this enthralling next instalment, we follow Buffett's investment deals over two more decades as he became a billionaire.
This is the most exhilarating period of Buffett's career, where he found gem after gem in both the stock market and among tightly-run family firms with excellent economic franchises. In this period, Berkshire Hathaway shares jumped 29-fold from $89 to $2,600, while Buffett made investments in the following companies:
GEICO, Buffalo Evening News, Nebraska Furniture Mart, Capital Cities, ABC, Disney, Fechheimer Brothers, Scott Fetzer, Solomon Brothers, Coca-Cola, Borsheims, Gillette, Procter & Gamble, and Duracell.
For each of these deals, investing expert and Buffett historian Glen Arnold delves into unprecedented detail to analyse the investment process and the stories of the individuals involved. Arnold's engaging, lucid style transports the reader to the time and place of the deals, to truly appreciate how Buffett was operating.
With stories and analysis drawn from decades of investing experience, join Glen Arnold and delve deeper into The Deals of Warren Buffett!
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. He now spends most of his time running an equity portfolio for clients of Henry Spain Investment Services from an office in the heart of rural Leicestershire, and serves as a director on the board of Zytronic.
For decades his main research focus explored 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 of London, he would now rather concentrate on actual investment analysis for clients' portfolios.
He is the author of the UK's bestselling investment book and 14 other books.