Summary of How to Pick Stocks Like Warren Buffett

Profiting from the Bargain Hunting Strategies of the World's Greatest Value Investor

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How to Pick Stocks Like Warren Buffett book summary
Because he was right and they were wrong.

Rating

8 Overall

10 Applicability

7 Innovation

7 Style

Recommendation

Timothy Vick is a fairly well known advocate for value investing, but in his latest book, he rolls out the mother-of-all value investors as a champion. In using Warren Buffett as the basis for his easily digestible lessons on value investing - the simple strategy of investing in companies that are currently undervalued by the market - Vick proves that the concept of an engaging investment book is not an oxymoron. By holding up the Buffett example, Vick illustrates the greatest axiom of value investing: Over time, the price of any asset will find its intrinsic value. Buffett clung to this mantra throughout the ’90s, missing out on some of the biggest market returns in history. getAbstract strongly recommends this book for its clear explanation of how Buffett analyzed the New Economy market and how you can mimic him going forward. Because in the end, he was right and they were wrong.

In this summary, you will learn

  • How Warren Buffet began his career in investing
  • Why the ability to maximize the power of compounding money over time is the secret to high earnings
  • What characteristics Buffet looks for when purchasing a stock
 

Summary

Buffett’s Billions: The Beginning
Warren Buffett accumulated a $30 billion fortune through careful investing using mathematics to guide his investment decisions. For 45 years, he has been essentially a capital allocator, or fundraiser, who seeks cheap money in the financial world. His ...
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About the Author

Timothy Vick is a senior analyst with Arbor Capital Management, which has offices in Anchorage, Alaska; Jacksonville, Florida and Chicago. He is the founder and former editor-in-chief of the nationally distributed market newsletter Today’s Value Investor , the author of Wall Street on Sale , and a consultant to small businesses on valuation and strategic planning. He has appeared on CNBC and CNN.


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