There is Only One Way to Skin a Cat
- Mr. Southpaw
- Feb 25
- 2 min read
Everybody wants to be Warren Buffett.
The grandmaster of investing has plenty to offer, with a comprehensive record of shareholder letters and other materials, spun off to elaborate on his investing philosophy.
Yet Buffett himself had suggested that there were a couple of ways to take after him - his previous cigar butt investing approach and the current wonderful company investing approach. He has hinted in lesser words that new investors may obtain better returns by investing in cigar butts - it is a lucrative training ground for beginning in investing.
Value Investing - From Graham to Buffett and Beyond
The abovementioned book includes a review of the investing philosophies of a series of reknowned value investors. From Graham (Buffett's teacher) to Buffett himself and Beyond.
Indeed, the book must be a who's who in the value investing world. And the reader is encouraged to consider the subtleties of differences in value investing philosophies that are available to the individual value investor.
Notable investor profiles include but are not limited to Walter Schloss, Mario Gabelli and Seth Klarman. In terms of Warren Buffett, the book focusses on but is not limited to Buffett's latter years as an investor of good businesses and wonderful companies.
Extendibly, Berkshire Hathaway is a company that is publicly listed, investing for decades in full view of the public eye. Investors can consider whether the Buffett ethos of investing is foolproof, and whether it can continue under the new generation of investors at Berkshire Hathaway.
Cigar Butts or Wonderful Companies?
Which type of investor are you more inclined to be? For a comprehensive list of investor profiles, read Value Investor - From Graham to Buffett and Beyond. Links to the book are provided below:
To discuss the matter, leave a comment, question or like at the discussion space below.
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