Mar
9
2010
Warren Buffett is arguably one of the best businessmen ( Public Relations Melbourne ) and investors to ever live. His desire to make money and also make more money when he was a child, and became one of the richest people in the world. His predicted value is about 30-40 billion dollars, and that is after he donated billions of dollars to the Bill and Melinda Gates Foundation.
A majority of books have been written about Buffett and his types of operating commerse,however,a majority of these authors are simply making effort to sell mediocre books and make money. However, Hagstrom has written a book that captures Buffett’s life as CEO of Berkshire Hathaway and how he continues to acquire companies either through buying stock or buying the companies directly. Hagstrom does not delve into Buffett’s personal life much; this book is mostly about business ( PR agency ) and money.
After a forward and preface by the narrator,Bill Miller, and Kenneth L. Fisher made the reader feel like a Warren Buffett is a great man and even praised this book. Chapter one is titled, “The World’s Greatest Investor.” This chapter provides you a snapshot of Buffett and his life of expanding. It is nearly a mini-biography that takes you from his birth in Omaha, Nebraska where he was reading stock market analysis books at age eight, to billionaire CEO of Berkshire Hathaway. He has been taken over some corporations along the way like The Buffett Partnership, Ltd.,and a majority of his adventures are clearly folded in this chapter.
The second chapter is titled, “The Education of Warren Buffett.” This part of the book is concentrated on who taught and made Warren Buffett who he is today in the financial world. First and foremost is Benjamin Graham. It is considered the most important man in history in terms of economic analysis, and wrote The Intelligent Investor in 1934, which remains a best-selling economic analysis. Another man who had a huge influence on Buffett was Philip Fisher, who taught him that management ( Publicity PR ) in a company is extremely important. Fisher taught that a corporation can’t be successful without nice leadership. The other two men referred who had a huge impact were John Burr Williams and Charlie Munger.
