A collection of the inspiring words and wisdom from America's favorite
businessman that reveal his secrets of success from the bestselling
authors of Buffettology and The New Buffettology.
Like the sayings of the ancient Chinese philosopher Lao-tzu, Warren
Buffett's worldly wisdom is deceptively simple and enormously powerful
in application. In The Tao of Warren Buffett, Mary Buffett--author of
three books on Warren Buffett's investment methods--joins noted
Buffettologist and international lecturer David Clark to bring you
Warren Buffett's smartest, funniest, and most memorable sayings with an
eye toward revealing the life philosophy and the investment strategies
that have made Warren Buffett, and the shareholders of Berkshire
Hathaway, so enormously wealthy.
Warren Buffett's investment achievements are unparalleled. He owes his
success to hard work, integrity, and that most elusive commodity of all,
common sense. The quotations in this book exemplify Warren's practical
strategies and provide useful illustrations for every investor--large or
small--and models everyone can follow. The quotes are culled from a
variety of sources, including personal conversations, corporate reports,
profiles, and interviews. The authors provide short explanations for
each quote and use examples from Buffett's own business transactions
whenever possible to illustrate his words at work.
As Warren says:
"You should invest in a business that even a fool can run, because
someday a fool will."
"No matter how great the talent or effort, some things just take time:
You can't produce a baby in one month by getting nine women pregnant."
"Our method is very simple. We just try to buy businesses with
good-to-superb underlying economics run by honest and able people and
buy them at sensible prices. That's all I'm trying to do."
The Tao of Warren Buffett inspires, amuses, sharpens the mind, and
offers priceless investment savvy that anyone can take to the bank. This
irresistibly browsable and entertaining book is destined to become a
classic.
