If you read the original Buffettology, you only know half of what
you need to effectively apply Warren Buffett's investment strategies.
Published in 1997, the bestselling Buffettology was written
specifically for investors in the midst of a long bull market. Since
then we've seen the internet bubble burst, the collapse of Enron, and
investors scrambling to move their assets--what remains of them--back to
the safety of traditional blue chip companies. As price peaks turned
into troughs, worried investors wondered if there was any constant in
today's volatile market. The answer is yes: Warren Buffett's value
investing strategies make money.
The New Buffettology is the first guide to Warren Buffett's selective
contrarian investment strategy for exploiting down stocks--a strategy
that has made him the nation's second-richest person. Designed to teach
investors how to decipher and use financial information the way Buffett
himself does, this book guides investors through opportunity-rich bear
markets, walking them step-by-step through the equations and formulas
Buffett uses to determine what to buy, what to sell--and when. Authors
Mary Buffett and David Clark explore Buffett's recent investments in
detail, proving time and again that his strategy has earned enormous
profits at a time no one expects them to--and with almost zero risk to
his capital.
In short, The New Buffettology is an essential companion to the
original Buffettology, a road map to investment success in the worst
of times.
