This book is a quick guide to understanding the four investing filters of Warren Buffett and Charlie Munger. It is a shorter version of his previous book and is designed to improve your investment thinking. How do you set a price for your stock purchases? In Chapter 4, the author estimates an intrinsic value (of Apple stock). First, start by trying to understand the qualities of a first-class business. The four filters will help you optimize your decision making. Warren Buffett said it best: "An investor cannot obtain superior profits from stocks by simply committing to a specific investment category or style. He or she can earn them only by carefully evaluating facts and continuously exercising discipline."
- | Author: Bud Labitan
- | Publisher: Lulu.Com
- | Publication Date: Jan 25, 2019
- | Number of Pages: 64 pages
- | Language: English
- | Binding: Paperback
- | ISBN-10: 0359382215
- | ISBN-13: 9780359382217