The Warren Buffett Way, 30th Anniversary Edition

I read the original/first edition about 27 years ago and I truly liked the book! When I came across this 30th anniversary edition, I immediately purchased it to update myself, as there have been so many developments and changes over the intervening years. Although Mr. Buffett's investment tenets are timeless, this latest edition is basically a new book with the old chapters in the first edition revamped. Others like me who have read the first edition can seriously consider picking up this latest edition (despite my 3 star rating which is due to the considerations below). However, there is room for improvements: 1) More can be shared about Warren Buffett's failure. Sadly, errors of omission is a mere short section in Chapter 4. I believe no one is perfect and surely Mr. Buffett has had his fair share of omissions and mistakes. One can learn just as much from failures as from successes. An example is the Tesco investment that Mr. Buffett characterised as a "huge mistake" ... this should have been included in the book. 2) I would also love to get the author's assessment of the Kraft-Heinz merger. Was it a success or a failure? Why did Mr. Buffett pursue the deal? And what about the purchase of various airlines stocks? Was this decision made by Mr. Buffett or his lieutenants? In recent years, some common stocks are no longer held for the long-term by Berkshire Hathaway ... why is this so? A coverage on this would be extremely helpful as well. 3) The author could have shared the mathematical formulae for coming out with the figures/numbers in the book. This way, the reader does not have to spend time figuring it out on his/her own. 4) This 30th anniversary edition was published in 2024, but in Appendix B we only have Berkshire Hathaway's Common Stock Portfolio up until 2021 only.

Good book, doesn't come in custom packaging.

A fascinating and engaging read. Warren Buffet is one of those highly successful investors that most everyday people will probably not have heard of but his wisdom and insight is supreme. This book will help to provide readers with a genuine in-depth understanding of how it is that Warren Buffet became and remains the single most successful investor to date. Beyond providing such valuable insight, it's also a genuinely interesting read as it along the way it also paints a vivid picture of just how international markets and indeed, market makers, can often act in quite irrational ways that Warren Buffet has always sought to avoid. Highly recommended for all.

Episch

It's that rearty, a useful book!!