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Buffett's Biggest Blunders book cover
Buffett's Biggest Blunders
The Greatest Investor's Greatest Mistakes
2015
First Published
3.67
Average Rating
78
Number of Pages

Warren Buffett is without a doubt the greatest investor of our time. A humble, down-to-earth man with a talent for mathematics and analysis, he’s managed to build a $350 billion empire known as Berkshire Hathaway in 50 years. He’s a voice of reason, a paragon of patience, the living proof that one can attain wealth without day-trading memorizing arcane formulas. His successful trades, business purchases and arbitrage maneuvers have been analyzed time and again. Most Buffett fans know about his brilliant investment in See’s Candies or his lifelong love affair with Geico insurance. At the same time, however, there’s relatively little focus on the investments and business deals where he ended up losing. It's impossible to truly understand one’s investing strategy without examining one’s mistakes alongside the successes. They are two sides of the same coin. Both must be studied in order to get a full picture. Instead, even though Buffett has been remarkably open and candid about the mistakes he’s made along the way, very few pay attention to them and learn by analyzing his actions. Did you know, for example, that once upon a time Warren Buffett paid his shareholders a dividend? That he briefly invested in Disney but then changed his mind? That he tried and failed to corner the market on stamps – and chose not to become a car collector? Those are just a few of the 30 investing blunders contained within this book. This book collects 30 summaries of Warren Buffett's investments that went awry. With summaries, charts and commentary from Warren Buffett and Charlie Munger themselves, "Buffest Biggest Blunders" provides an excellent opportunity to learn from the greatest investor's greatest mistakes - and to become better investors by learning about the missteps of the Oracle of Omaha.

Avg Rating
3.67
Number of Ratings
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4 STARS
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3 STARS
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2 STARS
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1 STARS
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Author

Grigory Lukin
Grigory Lukin
Author · 6 books

I'm a chronic misadventurer with a malfunctioning improbability field. (How else would a Siberian end up living in Quebec City?) I enjoy devouring hard science fiction, digging up obscure platypus trivia, overdosing on C8H10N4O2 and breaking laws of physics. (I try to put them back together when I'm done with them. Most of the time. (Sorry about Tunguska.)) Want to know more? Check out my books or my site!

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Buffett's Biggest Blunders