The Essential Buffett: Timeless Principles for the New Economy

Amazon.com

Of all the Buffett watchers in the investment world, Robert Hagstrom, author of The Warren Buffett Way, The Warren Buffett Portfolio, and Latticework, is perhaps the best at distilling the investment wisdom of the Oracle of Omaha. In The Essential Buffett, Hagstrom conducts a thorough review of Buffett's philosophy of "focus investing" and then applies it to investment in sectors that Buffett himself usually ignores: technology and international stocks. Written in a style that's accessible to all levels of investors, The Essential Buffett not only serves as a great introduction to Warren Buffett but offers an innovative way to apply focus investing to the New Economy. --Harry C. Edwards

Book Description

Applying Buffett's principles to technology and international investing

From the bestselling author of The Warren Buffett Way and The Warren Buffett Portfolio comes The Essential Buffett: Timeless Principles for the New Economy. In this fresh take on Buffett's irrefutable investment methods, Robert Hagstrom shows readers how to apply Buffett's principles to technology and international investing using real-life case studies of successful fund managers like Legg Mason's Bill Miller.

Following the Buffett model, Hagstrom explains Buffett's four timeless principles: 1) analyze a stock as a business; 2) demand a margin of safety for each purchase; 3) manage a focus portfolio; 4) protect yourself from the speculative and emotional forces of the market. Then Hagstrom shows how Buffett's thinking can be applied in the new economy, addressing technology investing, international investing, small cap stocks, and socially responsible investing. Perhaps most valuable are Hagstrom's insights into the psychology behind Buffett's focus investing. For the first time, we are given sure-fire guidelines on how to become a winning Buffett disciple.

The Essential Buffett will include convenient sidebars featuring key Buffett ideas, enabling readers to quickly compare Buffett's fundamental tenets.

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Customer Reviews:

Groan.......2003-05-14

Instead of calling this book "The Essential Buffett", Hagstrom should have called it "The Rehashed Buffett". I have read both of the author's previous books about Buffett, and they stand well on their own. This book, though, is just a cash grab. It is "essentially" just highlights from the other two books recycled into this "new" book.

If you haven't read the first two books should you read this one? I don't know... but if you have read the first two, don't bother with this patch job.

Essential Principles.......2002-10-21

Hagstrom has presented Buffett's philosophy that is understandable and correct. I intend to learn from Buffett's principles and to use them to my advantage, to make my billions.

Very Good For a Newbie.......2002-03-11

Hagstrom's The Essential Buffett is key to understanding successful investing strategies. However this very helpful book is not just about why Buffett makes his choices, but, how Buffett's thought process in deciding to pick a stock has come to be. Besides the genius of Buffett, the reader learns about stock market guru's Ben Graham, Philip Fisher and Berkshire Hathaway's vice-Chairman Charlie Munger. Hagstrom's examples of the companies Buffett has been with like: Net Jet, See's, Coca-Cola, Citigroup... teaches young investors Buffett's investment ideaology. Because Hagstrom uses assumptions and multiple mathematical examples to prove HIS own application of Buffett's investing style to tech stocks, The Essential Buffett is not a five star book.

If your going to invest learn from the best.......2001-11-16

Before I read the Essential Buffet I knew very little about Warren Buffett. I knew he was one of, if not the richest man in the world. I knew he made his fortune from the stock market, but that was basically all.
I began the book with the hope of learning what set him apart from the thousands of other investors that don't even come close to his successes.
The book begins with a general summery of what is to come. Then it gets into the details. You learn how his childhood shaped his decision making. Then it talks about his greatest influences Graham and Fischer. Then it talks about how he selects stocks.
All of the skills you learn not only teach you why he was successful but also how you can be. The author uses simple analagies to explain complex ideas, which makes it an easier read.
I recomend the book to those who are interested in the stock market, owning or managing a business or just in economics in general.

Few new ideas following "The Warren Buffet Way".......2001-09-03

Robert Hagstorm re-states the great principles included in his outstanding book "The Warren Buffet Way", adding references to the new economy just in the last chapter with a few recommendations.

I am a true believer in the doctrine taught in the three books by Hagstorm, and they opened a whole new field to me. But his first book remains the best. I put it in practice with excellent personal results so far.

Book Description

The Employer's Survival Guide is the blueprint for small business owners looking to hire employees. The strategies outlined are designed for getting and obtaining the best labor around. Whether you've been hiring people for years or just started, the techniques outlined will increase the number of people who apply for your jobs. There is little technical language in the book to confuse you. Every detail is explained to help one avoid all the common hiring mistakes most people make. Topics covered include interviewing techniques, how to use matrix questions, analyzing employee skills, adopting performance standards, and ways to determine a proper wage. Methods to reduce employee turnover, and practical information about drug testing and polygraph tests are also included. Everything you need to know about hiring employees is fully explained in this one book.

Customer Reviews:

Invaluable reference for small business owners and managers........2000-09-08

The Employer's Survival Guide is a "user friendly" how-to manual and guide for small business owners and managers to recruit and keep effective employees in today's very tight labor market. Andrew Blake and John Austin successfully collaborate to provide the reader with proven methods of seeking out prospective employees, what the hidden costs of employee turnover entail, hiring the disabled, federal employment credits available to the small businessman, and even how to protect the business from computer crashes. The Employer's Survival Guide is a "must" for any owner or manager of a company so small that they do not have their own on-staff human resource development specialist.

Employer's Survival Guide to Workers' (Compensation)

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Employer's Survival Guide to Workers' (Compensation)
Jose Hermocillo
Manufacturer: California Chamber of Commerce
ProductGroup: Book
Binding: Paperback
ASIN: 1878630423

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Employer's survival guide to workers' compensation
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Manufacturer: California Chamber of Commerce
ProductGroup: Book
Binding: Unknown Binding

Disability | Specialties | Law | Subjects | Books
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The Employers Survival Guide: The Business Guide to Employment Law, Policy, and Practice

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Not much use for Americans

The Employers Survival Guide: The Business Guide to Employment Law, Policy, and Practice
Terry Brimson
Manufacturer: McGraw-Hill Companies
ProductGroup: Book
Binding: Paperback

General | Job Hunting & Careers | Business & Investing | Subjects | Books

Human Resources & Personnel Management | Industries & Professions | Business & Investing | Subjects | Books

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Labor & Employment | Business | Law | Subjects | Books

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Customer Reviews:

Not much use for Americans.......1997-09-11

Heads up! American employers, this is a British book. If you use it as a guide, you will bring your employment policies and pratices into conformity with British law, which may not have a great deal of survival value for an American firm. --Floyd Kemske (inattentive and poorer by $39.95)

Florida Chamber of Commerce Employment Discrimination: An Employer's Guide (Survival Guide #5)

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Florida Chamber of Commerce Employment Discrimination: An Employer's Guide (Survival Guide #5)
P. C. Franczek Sullivan
Manufacturer: American Chamber Of Commerce
ProductGroup: Book
Binding: Paperback
ASIN: B000VJVC3E

The transsexual's survival guide II to transition & beyond for family, friends, & employers

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How it is done by one who has done it.

The transsexual's survival guide II to transition & beyond for family, friends, & employers
JoAnn Altman Stringer
Manufacturer: CDS
ProductGroup: Book
Binding: Unknown Binding
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ASIN: B0006P3SXK

Customer Reviews:

How it is done by one who has done it........1998-09-02

This volume is one you MUST get to share with the people in your life who are most effected by your TS issues. It helped a lot!

From Hiring to Firing : The Legal Survival Guide for Employers in the 90's

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From Hiring to Firing : The Legal Survival Guide for Employers in the 90's

Manufacturer: Legal Strategies, Incorporated
ProductGroup: Book
Binding: Hardcover
ASIN: B000HNQ73Y

Illinois workers' compensation: [an employer's guide] (Survival guide)

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Illinois workers' compensation: [an employer's guide] (Survival guide)
James M O'Brien
Manufacturer: American Chamber of Commerce Publishers
ProductGroup: Book
Binding: Unknown Binding

Disability | Specialties | Law | Subjects | Books
ASIN: B0006RDP5Y

Survival as a farm employer: A farmer's guide for coping with labor law

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Survival as a farm employer: A farmer's guide for coping with labor law
Gerald D Smith
Manufacturer: Pacific Agricope
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Binding: Unknown Binding

Management | Management & Leadership | Business & Investing | Subjects | Books

General | Agricultural Sciences | Science | Subjects | Books
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Workers' Compensation: The Survival Guide for Business

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Workers' Compensation: The Survival Guide for Business
Doug McCoy
Manufacturer: LexisNexis
ProductGroup: Book
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This thoroughly revised and updated Second Edition introduces the basic concepts and principles of plant disease identification and management for food, fiber, and landscape plants. Accessible to those with a limited background in biological science, this book covers four main aspects of plant pathology--how to recognize that a plant has a disease; how to determine the cause of the disease; how to manage diseases; and how to take advantage of the latest in disease management technologies. The authors offer several management approaches, including integrated pest management, biological control, new applications in biotechnology, and the use of chemical pesticides. They provide the techniques needed to prevent and treat diseases caused by nematodes, fungi, bacteria, viruses, and parasitic plants. Introductory chapters provide a useful review of the history of plant pathology and the development of plant diseases. The Second Edition of Introduction to Plant Diseases meets the needs of growers and pest management professionals, as well as those of extension agents and private consultants in plant disease management. It will be invaluable for introductory undergraduate courses in plant pathology and integrated pest/crop management, and for agricultural institute and technical programs on plant diseases and their management.

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This volume puts together several important lectures on the Hamiltonian Systems and Celestial Mechanics to form a comprehensive and authoritative collection of works on the subject. Their relationship to several aspects of topology, mechanics and dynamical systems in general are also emphasized. The papers presented are an outgrowth of the lectures that took place during the "International Symposium on Hamiltonian Systems and Celestial Mechanics", which was held at Cocoyoc (Morelos, Mexico) from September 13 to 17, 1994.

Book Description

Facing the challenges of globalization and ecology, the standards for economic, social and environmental performance of companies are becoming more demanding. This book shows what sustainable development means for the business community and presents best practice approaches in environmental management from Japan, the USA, Brazil and seven European countries. The book stresses that international competitiveness depends on the effective use of innovative management tools and has to be supported by an intelligent system of environmental regulation, that is, promoting innovation and eco-efficiency. Experts with many years of practical experience share their know-how on how to achieve excellency in environmental performance and present concrete steps towards a sustainable company.

The International Handbook of Social Impact Assessment: Conceptual and Methodological Advances

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The International Handbook of Social Impact Assessment: Conceptual and Methodological Advances

Manufacturer: Edward Elgar Pub
ProductGroup: Book
Binding: Paperback

Public Policy | Government | Nonfiction | Subjects | Books

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Human Geography | Social Sciences | Nonfiction | Subjects | Books

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The Concepts, Process and Methods of Social Impact Assessment

ASIN: 1847201059

Book Description

`This book provides a valuable addition to the Social Impact Assessment (SIA) literature. While the volume addresses several good examples of "how to" case studies it also firmly addresses the importance of the need for firm conceptual and theoretical guidelines for SIA practice. . . the volume is an excellent contribution to the SIA literature and I highly recommend it to both practitioner and researcher alike.' - Geoff Syme, Australasian Journal of Environmental Management

`An innovative collection which takes social impact assessment to the frontiers of environmental and social policy and citizen awareness. Unusually, this collection includes both sophisticated quantitative tools and equally important chapters on participation, stakeholder involvement and environmental mediation. A most valuable source book.' - Michael Redclift, King's College, London, UK

Social Impact Assessment (SIA) is the process of analysing and managing the intended and unintended consequences on the human environment of planned interventions (policies, programmes, plans, projects) so as to bring about a more sustainable and equitable biophysical and human environment. This important Handbook presents an indispensable overview of the range of new methods and of the conceptual advances in SIA.

Recent increased attention to social considerations has led to substantial development in the techniques useful to, and the thinking in, SIA. A distinguished group of contributors provides an up-to-date and comprehensive account of the cutting-edge in SIA development.

Book Description

The International Handbook of Environmental Sociology is a major interdisciplinary reference work on the developing field of environmental sociology. It consists of over 30 specially commissioned essays by leading scholars from around the world. These original essays examine a wide range of environmental issues in the developed and developing world as well as formerly centrally planned countries to present a truly international perspective. Together they analyze theory and concepts, philosophical and empirical issues as well as offering practical policy advice.

The contributions range from general assessments to region specific analysis, and provide international comparisons of environmental problems. In the first part the central focus is on theoretical and conceptual issues. In the second part the authors consider some of the major areas of interest in the field including gender, environmental consciousness, economic growth and politics. Finally, the third part focuses on explicit analyses of specific regions and countries.

This comprehensive reference work presents a state-of-the-art analysis of the evolution of environmental sociology, its current state and future prospects. Spanning a wide range of issues, and presented from an interdisciplinary perspective this Handbook will serve as a benchmark for future work in the social sciences.

Customer Reviews:

A Marvellous Addition.......2001-04-15

This book is a marvellous addition to my collection of books on the environment and sociology. It has brought a new focus to my research work. The "International Handbook of Environmental Sociology", contains a vast array of contributions from authors, with outstanding credentials, within the academic arena.

Book Description

Although underwater archaeology has assumed its rightful place as an important subdiscipline in the field, the published literature has not kept pace with the rapid increase in the number of both prehistoric and historic underwater sites. The editors have assembled an internationally distinguished roster of contributors to fill this gap. In addition to both geographical and topical approaches, the chapters also focus on technology, law, public and private institutional roles and goals, and the research and development of future technologies and public programs.

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Superbly Poetic Narrative

How much we've lost

JUST AS GOOD AS "SUMMER GAME", BUT TIME CHANGES PERCEPTION

"The Master" does it again...

Baseball fans who haven't read this book are missing out!

Five Seasons: A Baseball Companion
Roger Angell
Manufacturer: Bison Books
ProductGroup: Book
Binding: Paperback

Essays & Writings | Baseball | Sports | Subjects | Books
General | Baseball | Sports | Subjects | Books
History | Baseball | Sports | Subjects | Books
General | Sports | Subjects | Books
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The Summer Game (Bison Book)

Game Time: A Baseball Companion

Once More Around the Park: A Baseball Reader

Let Me Finish

Season Ticket

ASIN: 0803259506

Book Description

Five Seasons covers the baseball seasons from 1972 through 1976, described as the “most significant half decade in the history of the game.” The era was notable for the remarkable individual feats of Hank Aaron, Lou Brock, and Nolan Ryan, among others. It also presented one of the best World Series of all time (1975), including still the greatest World Series game ever played (Game Six).

Along with visiting other games and campaigns, Roger Angell meets a trio of Tigers-obsessed fans, goes to a game with a departing old-style owner, watches high-school ball in Kentucky with a famous scout, and explores the sad and astounding mystery of Steve Blass’s vanished control. Angell’s Five Seasons is a gem and a gift for baseball lovers of all ages.

Customer Reviews:

Superbly Poetic Narrative.......2006-06-28

Roger Angell writes about baseball with a poetic mix of reverence, humor and eloquence. He's provided readers with several five-star baseball narratives, and this one is as good as any. It's now dated, covering the national pastime from 1972-1976, but it remains well worth reading. Among the themes are the Charlie Finley's Oakland A's, Hank Aaron's home run feats, the Big Red Machine, the coming of free agency and big money, and the superb 1975 World Series between Cincinnati and Boston - whose sixth game is considered by many fans as the greatest one ever played. Among the personalities covered are Reggie Jackson, Lou Brock, Steve Blass (who mysteriously lost his control), and a trio of middle-aged Detroit Tiger fans whose love for baseball seems a reflection of the author himself. In addition to his flowing prose, Angell mixes his maturity with a child's awe. Angell may not be the top baseball writer of all time, but few doubt he's a serious contender.

How much we've lost.......2005-06-30

This is a depressing book. Not because its subject is depressing; we're not talking about the Ukranian famine of 1932 here. No, this is a "You are there" book written at the end of baseball as we knew it. We weren't aware of that at the time, though we could see that things were changing. But we thought, and were repeatedly assured, that the changes would work themselves out. However, if you're over 40, you know they didn't, and baseball is a far less fun activity as a fan than it was then. There are innumerable little tidbits that make you see how much things have deteriorated. Tom Seaver pitches 12 innings. 12! A manager today would have the talk radio hordes ready to unman him for that, but it is only one of many. Steve Carlton threw 30 complete games in 1972. Contemplate that. 30. More than most teams, heck, probably more than most divisions today. He won 27 games on a team that won 59 total. Unfathomable. But unlike the managers who fear their million dollar boys will throw out their arms, Carlton came back and achieved that for more than another decade. Sure he was a great. But there are innumerable tales through here of guys who weren't greats, just solid players, performing in ways that would be unheard of, or at the minimum, worth millions of dollars, today, and doing it happily, without whining, griping, complaining, simpering or gloating.

Angell chronicles 5 wonderful seasons in the history of baseball, the years of Finley's Athletics and the Big Red Machine, and a new owner for the Yankees named George Steinbrenner, the arrival of Robin Yount and Mark Fidrych and George Brett and oh so many others. But because it is reporting, he also documents the arrival of guys who flashed briefly and then vanished. Baseball is like that.

But it is the creeping arrival of ugliness that hurts to read. Reggie's showboating. Young kids who don't respect their manager. And big money. The sports page went from stories about hits and errors to tales of contract negotiations, threats, and free agency. I know money has always been a part of the game, and there were drunks, wife-beaters, and thugs in baseball since the beginning. But the big contracts and big payrolls have made all the teams change their perspective, and though throughout this book the players assure us we won't think differently about them as a result of these changes, we do. Teams are no longer teams as they once were, a reliable group of guys who continued for years together and added the missing piece or replaced the aging veteran incrementally. They are an assemblage of whomever can be gathered up to make a winner. Because we still want a winner, but we no longer care about the guys who do the winning. How sad. And for me and many of my generation, how boring. Baseball just isn't what it was, and it isn't the DH or the long season or frigid World Series games. No, it's money, and the game has been permanently corrupted by it. So read this to see how it once was, how glory and honor could be achieved on the field rather than in the contract.

And feel disheartened for what we've lost, with nothing good to replace it.

JUST AS GOOD AS "SUMMER GAME", BUT TIME CHANGES PERCEPTION.......2004-06-12

"Five Seasons" is just as good as "The Summer Game", but my personal perceptions, part of maturation, changed my perception of the book. Roger Angell's first work covered events before I was aware of them and then those that occurred in my most formative, fanatical, baseball-crazy years. "Five Seasons" describes years in which I was still a huge baseball fan (I always have been and always will be), but they are all events I witnesed. For this reason, and because as I grew older my interests - girls, cars, awareness, life - changed, so too does my impression of Angell's writing. Do not take this as any kind of put down. To a younger reader who did not witness the events in "Five Seasons", I assure you that Angell's writing can fill you with wonder as much as "The Summer Game" did for me. It has been said, and I agree here, that baseball is the preferred game of intellectuals, or at least educated people. Nobody embodies this reality better than Angell and his writings.

STEVEN TRAVERS
AUTHOR OF "BARRY BONDS: BASEBALL'S SUPERMAN"
STWRITES@AOL.COM

"The Master" does it again..........2001-10-23

Part two of Roger Angell's 15 year written love affair with baseball...this book picks up where "The Summer Game" left off and doesn't miss a beat, covering the 1972 through 1976 seasons. Each chapter has all the classic written/observed anecdotes that Angell is famous for, as well as expert detailed coverage of the game(s) and the ever-discouraging front-office activities that the 70's were famous for (the Reserve Clause, the advent of Free Agency...etc). Still, Angell's ability to write insightful and elegant observations are what make this and The Summer Game standout and really makes all other baseball writing pale by comparison. For this book, he also adds something different when he takes on small projects such as following a Major League scout around the country, visiting with three Detroit Tiger fanatics and detailing the almost tragic rise and fall of Steve Blass, the Pittsburgh Pirate hero from the 1971 World Series. Each of these off-normal stories essentially "tells" itself, but Angell frames each in his own inimitable style that really defines "story-telling". I have such high regard for his writing that I wish he'd take on other projects (like history writing in general), as I'm sure that he'd excel there too (of course, being in his 80's probably has a lot to do with which projects he chooses to undertake). I read recently that Angell hates being called the "Poet Laureat" of baseball writing, but I can't think of a finer term for so marvelous a writer. This book should be combined with "Summer Game" and re-issued as a single volume for future writers to use as a model for taking a subject and turn it into expert storytelling. Highest recommendation!

Baseball fans who haven't read this book are missing out!.......2001-07-01

Roger Angell's love for the game flows throughout this fine book. Every bit of his prose is a joy to read, and the tales are enchanting. Covering five seasons, Angell brings to life the ebb and flow of the game and the people who make it great - from the players, the coaches, the management personnel and not the least, the fans.

If you want to read a book that captures what baseball means, pick up this one. You won't be disappointed!

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Five Seasons: A Baseball Companion
Roger Angells
Manufacturer: Popular Library
ProductGroup: Book
Binding: Mass Market Paperback
ASIN: B000MHUJVQ

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Roger Angell's Five seasons: A baseball companion
Roger Angell
Manufacturer: Popular Library
ProductGroup: Book
Binding: Unknown Binding

General | Baseball | Sports | Subjects | Books
ASIN: 0445041994

Average customer rating:
Five Seasons A Baseball Companion
Roger Angell
Manufacturer: Popular Library
ProductGroup: Book
Binding: Paperback
ASIN: B000GWH63G

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Hammer's German Grammar and Usage, Fourth Edition
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Manufacturer: McGraw-Hill
ProductGroup: Book
Binding: Paperback
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