Best Warren Buffett: Inside the Ultimate Money Mind By Robert G. Hagstrom

Best Warren Buffett: Inside the Ultimate Money Mind By Robert G. Hagstrom

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Warren Buffett: Inside the Ultimate Money Mind-Robert G. Hagstrom

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In Warren Buffett: Inside the Ultimate Money Mind, Hagstrom breaks new ground with a deep analysis of Buffett’s essential wisdom, an intricate mosaic of wide-ranging ideas and insights that Buffett calls a Money Mind.What exactly is a Money Mind? At one level, it’s a way of thinking about major financial issues such as capital allocation. At another level, it summarizes an overall mindset for successfully investing in today’s fast-paced stock market, a mindset that depends on a commitment to learning, adapting, and facing down irrelevant noise. This is not a method book. It is a thinking book. Warren Buffett: Inside the Ultimate Money Mind explains the philosophies of self-reliance, stoicism, rationalism, and pragmatism and their contributions to making intelligent investment decisions. It also outlines the evolution of value investing, discusses how to develop a business-driven investing mindset, and describes the defining traits of successful active management. Lastly, it examines the surprising aspects of a Money Mind – sportsman, teacher, and artist. In short, Warren Buffett: Inside the Ultimate Money Mind helps readers understand the building blocks that go into making a Money Mind so they can begin to incorporate its principles in the service to a life of value. Testimonials  “An erudite masterpiece…”  –Lawrence A. Cunningham, author; professor and director, Quality Shareholders Initiative, George Washington University  “It’s another must-read…”  –Bethany McLean, journalist and Contributing Editor, Vanity Fair, author, Saudi America and co-author The Smartest Guys in the Room “Pure Genius! This is a game changer in investment books…”  Robert P. Miles, author; Executive in Residence, University of Nebraska at Omaha, Executive MBA Program, "The Genius of Warren Buffett"  “Effervescence and thoughtful analysis of Buffett’s life and work…”  Tom Gayner, Co-chief Executive Officer, Markel Corporation  “Hagstrom’s books always enable readers to think about the world in new ways…”  Tren Griffin, author, Charlie Munger: The Complete Investor

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Straight forward history of Warren Buffet's success in investing in the stock market. Helped me to form my own strategy.
This splendid, fast-paced look at Buffett's "Money Mind" begins with his early business endeavors (selling Cokes) and his later voracious reading of such business books as One Thousand Ways to Make $1,000. Longtime Buffett watcher Hagstrom tells of Buffett's study of value investing under Ben Graham at Columbia University. Graham once said, "Investment is most intelligent when it is most businesslike." Buffett has said those nine words are the most important ones about the subject. For Buffett, things need to be rational and pragmatic. Investing should center on the concept of the intrinsic value of a business. That's what a "Money Mind" should focus on. The rest is mostly noise.Andrew Kilpatrick, author of Of Permanent Value: The Story of Warren Buffett/2020.

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