Second Edition Paperback

Ten years after the first edition of The Warren Buffett Way was published, Warren Buffett remains one of the world's most highly regarded investors. Robert Hagstrom's original book spent a phenomenal twenty-one weeks on the New York Times bestseller list and sold over 1,000,000 copies worldwide.

Today, Buffett is still considered a living legend in the world of finance, having solidified his reputation as the greatest investor of all time by amassing a multibillion-dollar fortune, amidst the wild fluctuation of the markets.

Tracing his career from the beginning, Robert Hagstrom presents a brief personal history of 'the Oracle of Omaha', detailing the individuals and events that shaped his investing philosophy and describing how Buffett went on to build a business empire worth billions.

This edition has been completely updated with new material that includes Buffett's many acquisitions and accomplishments over the last ten years, and his timeless and highly successful investment strategies. Made more accessible to readers by presenting Buffett's basic tenets of investing, and illuminating them with relevant and up-to-date examples from Buffett's investments, The Warren Buffett Way, Second Edition also covers:
- The business, management, finance and value tenets that make up the core of Buffett's investing approach
- Buffett's ongoing process of managing a portfolio from knowing which stocks to hold, and for how long, to deciding if, when, and how to cash out some investments and move into others, and
- The psychology of money and how Buffett uses this concept to avoid common investment mistakes and recognise other people's mistakes in time to profit from them.

Readers will learn how Buffett's investing has evolved over time, as he applies his wisdom and fundamental principles beyond stocks to include other areas, such as private companies, bonds, and foreign currency.

Buffett has always maintained that his success is not beyond anyone else's competence, ensuring that this insightful book is destined to become the bible for investors the world over.

About the author
Robert Hagstrom is the Senior Vice President of Legg Mason Capital management and the portfolio manage of the Legg Mason Growth Trust. He is a member of the CFA Institute and the Financial Analysts of Philadelphia.