The Tao of Warren Buffett: Warren Buffett's Words of Wisdom: Quotations and Interpretations to Help Guide You to Billionaire Wealth and Enlighten

by David Clark and Mary Buffett

Book Overview

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...

• Format: Hardcover
• Language: English
• ISBN: 1416541322
• ISBN13: 9781416541325
• Release Date: November 2006
• Publisher: Scribner Book Company
• Length: 192 Pages
• Weight: 3.05 lbs.
• Dimensions: 0.8" x 6.0" x 7.9"

Customer Reviews

THE TAO OF WARREN BUFFETT

MUST READ FOR ANY SERIOUS INVESTOR, HE TEACHES THE LONG TERM GAME, HE PROVES THAT ANYONE CAN GET RICH OVER A LONG PERIOD OF TIME IF ONE DOES NOT GET CAUGHT IN THE SHORT-TERM GAME. INCREDIBLE BOOK! MUST READ!

Great book!! It's a must read!!

Want to learn about investing or get a feel for how the greatest investor of all time thinks!! Well, if you do, you better buy this book!! This book gives you a feel and idea of how the greatest investor of all time thinks through things!! One of the best books on Buffet I've ever read, if not the best!!! It's short and to the point!! Belongs on every serious investors book self!!Financial Statement Analysis: A Practitioner's Guide, 3rd Edition

FABULOUS - JUST FABULOUS - COMPELLING EVEN - I cannot say enough about this book!!!!

This book is in a class by itself, almost without equal. There are several reasons. Most of the time you have to read a whole book to find that one gem that made the book worthwhile. Sometimes it's one page you are looking for, once in a while, it's a paragraph. I have read many books for that one sentence that provides inspiration. When you say to yourself, "Why didn't someone write this book before," then you know you have a winner. But this book, WOW - every page was a work of art. I have been studying Warren Buffett since 1968, about four decades of observing the master, and I have met him on several occasions when he sojourned down to Wall Street. When you read this book, this is what you will find. The Tao of Warren Buffet is a short book with 125 different major thoughts in it. Each thought is a direct Buffett quote. In the back of the book is a bibliography, which will give you the attribution for each thought. For most of the 125 thoughts listed, the bibliography will also furnish an Internet web address to find the original source for the quote, whether it's an annual report, magazine article, or public speech, you will find the source. In addition to the 125 thoughts, you will find about a page of narrative furnished by the authors, Marry Buffett (Warren's former daughter in law) and David Clark who is himself a Buffett watcher. They will be giving you clarification, and illustrations of the Buffett quote in action. I'll found both the original quotes, and the author's narrative to be ABSOLUTELY FASICINATING. If you are involved in the stock market it is more than fascinating, it is COMPELLING. Here's the deal, there's no nonsense here. There's no filler. Mary Buffett's book is short in length, small in your hand, easy to carry, and loaded down with WISDOM. Here are a few of the pearls of wisdom you will find in this book, and then you decide if you should read it. I have indicated the number of the rule from the book. Rule # 4 "You Can't Make a GOOD DEAL with a BAD PERSON." This is spot on brilliant. You can't put enough energy into watching a thief, because a thief is busy being a thief 24 hours a day, and you might only have an hour to watch him. In addition, you can't install enough internal controls to safeguard against a dishonorable person. Just don't deal with those kinds of people. Rule # 9 "Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway." Having spent 35 years involved with Wall Street, and currently being a Managing Partner of a national prominent investment-banking firm, I can't tell you how true this is. I have seen people barely competent, advising self-made billionaires on what to do with their money. The same is true for the firms themselves. Many of the billionaire clients are worth more than the firms arranging the financing. "Empty suits" is the expression we like to use. Rule # 49 "It's only when the tide goes out, that you

captivating

this is essentially a dissection of comments made by the master investor. these comments or statements can inevitably be categorized as nuggets of wisdom and the dissections thereof are frequently masterful and of an entertaining nature. before making any sort of investment consulting this book is advisable, even if only to turn to a random page for a quick perusal--somewhat akin to the i ching. due to this book's non-specific nature, it may not make make the reader money, but it will doubtlessly prevent losses. therefore the book itself is an investment in prudence.

As brilliant as the man himself.

The perfect holiday gift. Buffett's nuggets of wisdom are unsurpassed. I loved this book because every page offers a gem of advice that only the master could come up with. Quite often his wit left me in stitches. Buffett is a national treasure. This is by far one of the best books I've read on him because it so deftly packages his ideas in a breezy, compact form. A great, fast read!