October 2007
Beginner
240 pages
4h 41m
English
Suppose you were trying to figure out the best way to generate superior long-term returns in the stock market, and you listened to the popular investment media, big brokerage houses, and traditional wisdom. You would probably believe that the best approach is to emulate Warren Buffett. He is one of the richest people in the world and must be doing something right, so why not try to copy the way he invests?
The theory behind his success is to buy stock in very good companies at a very early stage and then hold on for the very long term while the investment multiplies many times. What Buffett actually did and how he became so wealthy is much more complex than this theory. ...
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