The New Buffettology: Warren Buffett's Proven Techniques for Investing Successfully in Changing Markets

The New Buffettology: Warren Buffett's Proven Techniques for Investing Successfully in Changing Markets

Posted by jack_miller | Published 7 months ago



With 73 ratings

By: Mary Buffett, David Clark, et al.

Purchased At: $30.00

If you read the original Buffettology, you know exactly half of what you need to know to effectively apply Warren Buffett's investment strategies.

Published in 1997, the bestselling Buffettology was written specifically for investors in the midst of a long bull market. Since then we've seen the internet bubble burst, the collapse of Enron, and investors scrambling to move their assets -- what remains of them -- back to the safety of traditional blue chip companies. As price peaks turned into troughs, worried investors wondered if there was any constant in today's volatile market. The answer is yes: Warren Buffett's value investing strategies make money.

The New Buffettology is the first guide to Warren Buffett's selective contrarian investment strategy for exploiting down stocks -- a strategy that has made him the nation's second-richest person. Designed to teach investors how to decipher and use financial information the way Buffett himself does, this book guides investors through opportunity-rich bear markets, walking them step-by-step through the equations and formulas Buffett uses to determine what to buy, what to sell -- and when. Authors Mary Buffett and David Clark explore Buffett's recent investments in detail, proving time and again that his strategy has earned enormous profits at a time no one expects them to -- and with almost zero risk to his capital.

In short, The New Buffettology is an essential companion to the original Buffettology, a road map to investment success in the worst of times.
I like both Buffettology and Buffettology II as books I can go back, skim through, and find straightforward ways of examining the worth of stocks. I give it 5 stars as being excellent for steering you to good investments. But don't assume every other method and every investor is as stupid as the book claims: it will lead you to value this book's opinion alone too much.

In Buffettology II, I'm sure many novice investors come away with the idea that EVERY major investor is an idiot and that through Warren-like value-investing methods you will have a tremendous advantage on the rest of the market. They also treat long-understood investing phenomena, like a long-lasting competitive advantage, as if it's only being revealed to the world through this book. For example: "...we'll let you in on one of Warren's best kept secrets. He figured out that some, but not all, companies have what he calls a "durable competitive advantage."" HE figured out? Ben Graham and Phil Fisher were writing books about it while Warren was just getting out of college. Phil Fisher's "Common Stocks and Uncommon Profits," published in 1958, goes to great length explaining the situations to look for in which a company has such an advantage.

I'm glad such a thing is discussed in the book while at the same time I'm outraged the authors LIE to me to make the book look more unique and valuable. EVERY chapter includes some kind of thing like that which makes you wonder at the authors' motives.

Why do they need to lie and exaggerate if they're really providing the best way for the average person to evaluate stocks without going through the whole, formal, "asset value, earnings power value, growth value" math calculations required by advanced methods as per Greenwald, et al's "Value Investing"?

- ansley_stewart

I still do like this book, it is very simplified which is the reason why I liked it. Didn't really expect to learn anything of great importance and don't expect to understand how to invest by reading this and maybe several other books, but still a great read in my opinion. It does take good amount of information from the Essays of Warren Buffet by Lawrence Cunningham. I would read that first or just that if you had to choose one. Both are easy reads and explain pretty much the same thing. I do not regret buying this, I have also read the Intelligent Investor (a must), The Essays of Warren Buffet, and will read Security Analysis by Graham and Dodd

- gatlin_cruz

Of the somewhere around 50 books I've read on finance, this is in my top 3 recommendations, to be sure. The others are Benjamin Graham's "The Intelligent Investor", and Mary Buffett's other book on "The Interpretation of Financial statements". Mary is an easy to understand author, and she lays out the techniques that Warren uses like nobody else I've read. I know she's right, because Warren picks companies that match these criteria time and time again, and I'm making a mint on my own buying and writing about them. Today I write investment articles for Seeking Alpha, and Mary Buffett has been one of my strongest inspirations.

- franco_ramirez

The New Buffettology ( TNB )book is the nitty gritty of Buffett's knowledge. You better read The Tao of Warren Buffett first before you read this book. The TNB book goes from simple business basics into the advanced business concepts of Warren Buffett. There's no need to know the advanced Warren Buffett concepts for the Novice Buffettologist ( NB ). All NB's can get really rich by investing in the right company, at the right price, in the right quantity ( Company,Price and Quantity ). I call it the CPQ concept. The TNB can make you really rich along studying the rest of Mary Buffett and David Clark's books. It took me 6 years for this knowledge to sink in while I studied their whole set of books with desperation to learn and succeed in life. I am getting rich with these books written by Mary and David. All of Mary Buffett's books are repetitive on the basic concepts.

Your home accounting and savings must be disciplined to succeed with Buffettology.

Thank you Mary and David,

Sincerely ,

Dr. Alfredo A. Atwater
Founder Of The Atwater School Of Buffettology (TSB)

- owen_ramirez

very good book

- aisha_carter

Fantastic Book!

- lillie_rogers

I've been using the theories with this book since it has come out with great success. If I could recommend only 1 book for a investor to buy then this would be the one.

- charlie_wilson

Its great book about stocks investing. Teach what, when and how to look for a good company. I'll recommend this for everyone.

- melanie_hughes

one of the best book on investment. I read several books related to Buffet but I personally considering this books better than any other.

- micah_miller

I read only the half of it but It's the best book about how Warren Buffett investing. I read a lot book about Warren Buffett, but finally a book which is easy to understand to everyone. It shows you the investment process step-by-step, and how to find the opportunities on the stock market.

- poppy_ruiz

Most of the content is repetition of original Buffetology, but I guess the book worths to be read repeatedly.

- phoebe_jackson

おそらく世界の株式市場にいる95%以上の「自称投資家」には縁のない本です。なぜならそれらの人々は、株式市場を「売買」する場であり、「投資」の場であるということを理解しておらず、自らが単なる「トレーダー(売買屋)」になってしまっていることに気づいていないからです。それだけにこの本を読みこなし、真に活用できる人間になることは、「本物の投資家」になるということだと言えると思います。
また、いままでの「バフェット本」では出てこなかった、「売却機会」について言及している意味で、買わない理由はありません。前2作を読んだだけでは見落としがちな点の補強もされており、この本への投資の将来価値は計り知れないです。

- tenley_rivera

Customers Also Bought