With 42 ratings
By: Jeeva Ramaswamy
Purchased At: $19.95
Creating a Portfolio like Warren Buffett: A High Return Investment Strategy highlights actual trades author Jeeva Ramaswamy has successfully executed using principles established by investment guru Warren Buffet. Clearly explaining how Buffett's principles can be used to make specific investments the book, unlike other investment guides, also clearly explains how to apply Buffett's exit strategies as they pertain to holding or selling positions.
Giving readers a complete overview of Buffett's methodologies and how to apply them, the book is a step-by-step stock research checklist and comprehensive guide to investing and managing a successful stock portfolio. It includes detailed instructions to:
- Determine where to search for stock prospects
- Thoroughly research stocks using a stock research checklist
- Confidently make buy and sell decisions
- Expertly manage your portfolio
Packed with specific stock examples, real-life calculations, and expert tips, Creating a Portfolio like Warren Buffett is your guide to harnessing the market savvy of an investing legend.
These parts of the book I liked it very much,
* He started with the great self confidence chapter "Replicating Warren Buffett Success". The author calculated even with half the success of Warren Buffett investment track records, investors can be able to retire as a Multi Millionaires and shown many examples of people did just like that. Book page numbers 3 to 7.
* Stock research checklist items explained with lot of examples. Best of part of the book chapters are from Chapter 5 to 23, page numbers from 37 to 191. The checklist I like the best are, How to identify the company management integrity from the 10K and 10 Q reports? How to evaluate the management? How to identify the turn around opportunities and intrinsic value calculation.
* Where to search for stock prospects, chapter 25 is another important chapter. Most of the Warren Buffett book authors explain about the Warren Buffett's previous investments and leave it there. This author explained where to search for stock prospects, that is excellent.
* Another chapter, which I liked it, is, Chapter 28, Mr. Market and Investor Psychology. He explained it, how public investors behave in stock market. How Fear and greed affects the investment decisions and explained it with recent events like Europe debt crisis.
I never did book reviews before, I was so impressed with this book and decided to write the review.
In my view, every stock market investor should own this book. Highly recommended.
Stock research check list items are very detailed and touched every part of the company. In my view, if you follow the checklist, you know 100% of the company you are researching.
Where to search for stocks is very good.
Fear and Greed always rule the market. The author explains emotionless investing is the best option. I witnessed boom and bust in my career and very much agree with him.
Good book to read.
Each of these have several questions, such as “What is the average ROA for the last ten years?”. There’s a tutorial on each question, showing what the author thinks Buffett is looking for. In total there are over sixty questions. To show how this analysis works, he then analyses Infosys Ltd, an IT company.
If you find this interesting, read Buffett himself in Berkshire Hathaway Letters to Shareholders.
If you want to invest like Buffett, there are at least three ways you can do it:
1. Buy shares in Berkshire Hathaway.
2. Buy the same shares that he does, when he does. Men Faber describes how to do this in Invest With The House: Hacking The Top Hedge Funds.
3. Use his techniques to find companies in which to buy shares. This book explains how to do it, but you might also look at Invest Like Warren Buffett: Powerful Strategies for Building Wealth.
If you have stumbled across this book while looking for something which explains how to invest your money wisely, you might want to look at my favourite book on investing: Millionaire Teacher: The Nine Rules of Wealth You Should Have Learned in School.