Hellooooooo, everyone!
It’s been a while since I published an e-book, but now there’s a new addition to my growing e-book empire. Ladies and gentlemen and all the conscientious objectors to the binary gender code, I humbly present to you my latest (and greatest!) e-book: Buffett’s Biggest Blunders: The Greatest Investor’s Greatest Mistakes.
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 or 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.
If you’ve ever wanted to learn more about his investing methods and foibles, this is the book for you. (Or, if you’re more of a 1,000-page book person, I highly recommend Buffett’s biography “The Snowball: Warren Buffett and the Business of Life” by Alice Schroeder.) If you’re new to investing and don’t want to lose your hard-earned cash, “Buffett’s Biggest Blunders” might just save you from making egregious investing mistakes. Or, if you’re going to join me at this year’s 50th annual shareholder convention in Omaha (also known as “Woodstock for capitalists”) and don’t want to be lost when Warren Buffett and Charlie Munger start reminiscing about their mistakes, you’ll probably want to skim my book and learn all about it.
And did I mention that it’d make an excellent present for your business-oriented loved ones? If they don’t have a Kindle, they can still read the book on a Kindle app. I have it on good authority that it works on any device that has a screen and an Internet connection. (And pretty soon, the screen will be optional!)
I’m always interested in hearing from my readers, so if you buy my book and love it, I would enjoy getting a 5-star review from you on my book’s Amazon page. I hope you enjoy reading my book every bit as much as I enjoyed writing it.
Happy reading!
Grigory Lukin.com 