
How Buffett Does It - Mighty Managers Series (Hardback)
James Pardoe (author)Published: 16/07/2005
Buffett has his own unique investing style: he doesn't buy what he doesn't know, he does not time the market, and he never listens to analysts or looks at stock charts. He does not care if the market is going up or down. He advises people who can't stomach a crash not to invest in stocks. His holding period is "forever."
He is, in short, the single best investor for other investors to emulate. And his methods work for both the novice investor as well as the more seasoned veteran.
Here is some of the recommendations in the book:
*Read Benjamin Graham, but never read anything with Greek symbols
*Don't listen to analysts
*Be fearful when others are greedy and greedy when others are fearful
*Focus on not losing money rather than making it
*Why predicting market direction is NOT the key to long term success
*Don't own any stock for 10 minutes you wouldn't own for ten years
Publisher: McGraw-Hill Education - Europe
ISBN: 9780071449120
Number of pages: 176
Weight: 297 g
Dimensions: 211 x 132 x 18 mm
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