The truth about Warren Buffett, the best book about Warren Buffett, his biography and strategy,
the bestseller for value investing strategy and Warren Buffett biography = chapter 12 of "Stocks and Exchange"
The true story of Warren Buffett. The truth about Warren Buffett, his strategy, successes, mistakes and biography.
This book as the only one in the world informs how the stocks were valued with the P/E, P/B, P/S and P/C ratio when Warren Buffett bought: CocaCola, Wells Fargo, Johnson & Johnson, Wal-Mart, IBM, Conoco Phillips, U.S.Bancorp., Burlington Northern Santa Fe and Munich Re.
Warren Buffett often beat the stock index in 1956-1969. From 1970 to the present day, Warren Buffett has never beaten the index again. Only the share of Berkshire Hathaway Holding did that and it made the interest of investors and funds.
The book explains why the Berkshire Hathaway Holding share is a silly investment. Because it doesn't pay a dividend. The small or big silly shareholder owns the holding Berkshire Hathaway, but has no income from it all these years. Only once does he profit when he sells the shares. Warren Buffett thinks, his shareholders are silly. He wouldn't be so silly to buy such shares. Because he wants a decent dividend from every stock. The Berkshire Hathaway BRK-A and BRK-B shares are also no value investing, as they are usually fundamentally too expensive.
Why are the stocks of Goldman Sachs GS and Moody's MCO the worst investments of Warren Buffett? They are not ethical. He can buy stocks from any criminals if they promise him a 10% dividend.
His millions and billions do not make him happy. Because he only cared for his millions of dollars in Omaha, his wife Susan left him in 1977 and went to San Francisco. Nor will he be happy if his billions will be invested in hospitals in the Third World, bacause after his death. As long as he lives, he fights for the first place - the richest man in the world, instead of resonatoning how his billions help to the poors.
Stocks and Exchange - the only Book you need
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