Monday, January 17, 2011

Buffett: The Making of an American Capitalist


About the book

This paperback edition is around 475 pages thick. It has also been replaced by a newer edition with a new cover as well.

Contents

This is a biography about Warren Buffett: undeniably one of the richest self-made billionaire investors in the world. His personal net worth at one point was around 50+ billion USD. The book begins with his birth in Omaha and ends with a chapter on the then-current events by the time the book draft was completed. 

Review

Roger Lowenstein, the author of the book, is one of the few who can write well about Warren Buffett. Though the book is quite lengthy, it is not boring at all to read, assuming you are truly interested in learning more about how Warren Buffett really thinks in several situations. It provides the necessary detail and the proper context for the generalizations people make about his investment policies and style. You will get to understand what he means by risk, margin of safety, and investment, as opposed to speculation. 

Difficulty Level = 3/5

For one who is not interested in reading biographies and not into finance, the reader might take considerable time before he/she finishes reading the book.

Personal Rating = 5/5

Having the proper mindset when it comes to investing is very important. For those who do want to understand Warren Buffett's investing style and personality. This book is very much recommended. Buffett is one the greatest investors we can learn from.

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