Friday, February 7, 2014

The Spirit of Warren Buffett :"Time is the friend of the wonderful company, the enemy of the mediocre."




Quote :

"Time is the friend of the wonderful company,
 the enemy of the mediocre."

The Times of  Warren Buffett :


Buffett entered college as a freshman in 1947 at the Wharton School of the University of Pennsylvania. He studied there for two years and joined the Alpha Sigma Phi fraternity.[21] In the year 1950, when he entered his junior year, he transferred to the University of Nebraska–Lincoln where at the age of nineteen, he graduated with a Bachelor of Science in business administration. After the completion of his undergraduate studies, Buffett enrolled at Columbia Business School after learning that Benjamin Graham (author of "The Intelligent Investor" – one of his favorite books on investing) and David Dodd, two well-known securities analysts, taught there. He earned a Master of Science in economics from Columbia in 1951. Buffett also attended the New York Institute of Finance. In Buffett's

Business career
Buffett was employed from 1951 to 1954 at Buffett-Falk & Co., Omaha as an investment salesman; from 1954 to 1956 at Graham-Newman Corp., New York as a securities analyst; from 1956 to 1969 at Buffett Partnership, Ltd., Omaha as a general partner; and from 1970 – present at Berkshire Hathaway Inc, Omaha as its Chairman, CEO

Books on Warren Buffett :

Buy Think, Act and Invest like Warren Buffet 1st  Edition: Book
Author: Larry E. Swedroe
Publisher: Tata McGraw Hill Education (2013)  
About Larry E. Swedroe
Larry E. Swedroe is a financial expert and writer.
He has written other books like Guide to Economic Indicators: Making Sense of Economics, The Quest For Alpha: The Holy Grail Of Investing, The Only Guide To Alternative Investments You'll Ever Need: The Good, The Flawed, The Bad, and The Ugly, Investment Mistakes Even Smart Investors Make and How to Avoid Them, and Wise Investing Made Simpler.
Larry E. Swedroe has an MBA in finance from New York University. He has worked for financial institutions like CBS, Citicorp and Prudential Home Mortgage. He is the Director of Research for BAM Alliance. Swedroe lives in St. Louis in Missouri.
About the book
Think, Act And Invest Like Warren Buffett is meant for the person who is just beginning to learn about investing. It is also for the investor with some experience, who would still like some more information to streamline their planning and portfolio.
This book does not teach a person how to become Warren Buffett. Instead, the author uses Buffett’s advice and principles on investing to help the reader. The author uses Buffett’s fundamental advice to investors and elaborates on those points. For instance, he explains why Buffett asks the average investor to concentrate on index funds while building their portfolio.


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