What is better than reading a book about Warren Buffett but a book by Warrren Buffett himself. Warren Buffett on Business: Principles from the Sage of Omaha, by Richard J. Connors is the new book containing excerpts of annual letters from Warren Buffett himself to his Berkshire Hathaway shareholders.
I am a Buffett devotee, and I was caught from the first word but there is stuff there for every investor to read and most importantly to learn from.
Amongst his various witty anecdotes and cute quotes, is advice about ethics, morals, managing businesses, investing in companies long term and stressing the ability of everyone to strive by hard work, invest early and in the right way, eventually, and of course in the long term it will pay off for you.
Buffett's words and advice are easy to follow and are not cluttered with the usual business or financial gobbledygook that other financial books usually contain.
The excerpts compiled by Connors are memorable and highly readable but there is some serious repetition there of the same stuff and even a glaring error where the same paragraph is repeated not long after the original.
I had an advance copy so it could have been an error in the first print run.
Having said that the book is still highly readable with classic advice for investors that Buffett has stuck to over 70 years of investing and it will never be out of fashion.
It is by no means the best book on or by Warren Buffett but is worth buying to read and refer back to when you need to be reminded on what you might want to do when it comes to investing your hard earned moola.
8 out of 10.
Thanks to Adrianna Johnson from John Wiley & Sons for supplying a copy of the book to review.
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c Share Investor 2010