Tuesday, March 22, 2011

The Winning Investment Habits of Warren Buffett and George Soros



About the book

This 358 page work is authored by Mark Tier, an Australian writer and businessman who adopted the investment habits that he now shares through his book, and is now successfully earning from his investments.



Contents

The book is composed of two parts, namely: 1) The Winning Investment Habits of Warren Buffett and George Soros and; 2) Making the Habits Your Own. For the first part, the author first explains the power of mental habits as well as the seven deadly investment sins. The rest of the chapters are devoted to discussing each of the habits of the two aforementioned master investors. 


Review

This is a very insightful book if you want to know more about what behaviors made Buffett and Soros successful investors. While Warren Buffett is a success in long-term stock investing and Soros is a master in short-term foreign exchange trading, each of them has their own powerful investment habits that differ from one another. Another good thing about this book is after you have read it, you can answer a survey online and see how you fare against the master investors, in terms of how much successful investment habits you have ingrained. The online survey will also point out both your investment behavioral strengths and weaknesses. 



Difficulty Level = 2.5/5

This is a simple book to read and only has very few complex financial jargon.


Personal Rating = 4/5

This is a book that will get you involved and will give you something to reflect about your own investment behaviors. The online survey on discovering your investment personality is worth spending time on. 


Related links:
to discover your investment personality as compared to the master investors:

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