When Robert Hagstrom first published The Warren Buffett Wayin 1994, it quickly became a phenomenon. To date, more than1.2 million copies have been sold. The book’s popularity is atestimony to the accuracy of its analysis and the value of its advice.Any time the subject is Warren Buffett, it is easy to become overwhelmedby the sheer size of the numbers. Whereas most investorsthink in terms of hundreds or perhaps thousands, Buffett moves in aworld of millions and billions. But that does not mean he has nothingto teach us. Quite the opposite. If we look at what he does and hasdone, and are able to discern the underlying thinking, we can modelour decisions on his.... ...
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