Buffettology

Finally finished reading Buffettology. This book was published in 1999 and written by Mary Buffett and David Clark.

It shares the world’s most successful and famous investor Warren Buffett’s strategies for investing in the stock market. It has a very important concept called Value investing.

Personally, the first part of the book is very interesting. It highlights why Warren Buffett is successful in his investments while many others are not. It also tells you how he selects companies for investment and how his perception of buying stock differs from most people.

The second part of the book is more technical. It goes into details of how to value the company, at what price should you be buying, and how much to project your returns. I got a bit lost in this part of the book.

Nevertheless, I am glad I have completed the book as it gives me very good insights on what strategies I should use to invest. Of course, this is only the beginning. I shall continue to learn more from up-to-date investment books and formulate my own strategy before investing in the stock market.

Lastly, I learned something very valuable from this book. It tells me that the concept “High risk equals high returns” is not true.