October 13, 2008

Good Book : Warren Buffett Speaks


This is a review of Warren Buffet Speaks : Wit and Wisdom from the World's Greatest Investor by Janet Lowe. I read the hard cover from 1997 but there was a 2nd edition published in 2007.

The book is a collection of quotes from Warren Buffett. The quotes are collected by the author and presented in chapters on various categories such as About Life, About Friends, About Work, About running a Business and About Investing. There are 170 pages with quotes from Buffett. The quotes are sometimes introduced with context information.

If you like Warren Buffett then this should be a fun and interesting book to read. The quotes are often entertaining and insightful.

A few quotes I liked myself:
"Never lie under any circumstances" pg. 26
"Someone's sitting in the shade today because someone planted a tree a long time ago" pg. 29
"Current finance classes can help you do average" pg. 94
"of course the investor of today does not profit from yesterday's growth" pg 105

Warren Buffet Speaks : Wit and Wisdom from the World's Greatest Investor does not have instructions or tips on making a lot of money. The book does not go into how to practice value investing or otherwise offer investing information other than what you can glean from investing related quotes, which really isn't too much.

The book is a quick and entertaining read and as I said before if you like Warren Buffett then you'll probably find it interesting. Look for a copy of Warren Buffet Speaks : Wit and Wisdom from the World's Greatest Investor at your local library.

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