:: IBS :: Interesting Books Selector :: Home | Contact | Imprint :: Find only [ english | german | french ] :: All languages :: All authors :: All titles :: All categories :: Categories [ Current controversies | Economy | Fiction | Hardware | History | Internet | Liberty | Mathematical recreation | Mathematics | Philosophy | Psychology | Political philosophy | Politics | Science | Software design ]
Type first few letters of name: author title


The Warren Buffett Way - Investment strategies of the world's greatest investor

Robert G. Hagstrom

Buy this book at Amazon.com or try Amazon.co.uk in England, Amazon.ca in Canada, Amazon.de in Germany, Amazon.fr in France, Amazon.it in Italy, Amazon.es in Spain. ASIN=0471177504, Category: Investment, Language: E, cover: PB, pages: 313, year: 1997(1994). Zu Facebook hinzufügen Zu Twitter hinzufügen Zu Delicious hinzufügen Zu Google +1 hinzufügen Zu Google hinzufügen Zu Mister Wong hinzufügen

Review © (2004) by interesting-books-selector.com

"Even if tax rates were 90 percent, [Buffett] says, there would be some real return for owners [of a positive business] if inflation rate were zero. [...] At a 32 percent tax bracket, with inflation at 8 percent, companies earning 12 percent on equity return zero to their owners. Traditional wisdom for years assumed that stocks were the perfect hedge against inflation."
--quote p58 (my copy has ASIN=0471132985) [ed note: owners being the shareholders of a company.]

Buffett also explains why passing on cost of inflation to customers won't help; see more details in the review of earlier edition.

Even with interest rates still very low in 2004, inflation is picking up and an 8% inflation rate is not an unrealistic forecast for a few years from today; guess we could even look out above. How many companies earn more than 12% on equity?

If you are a serious investor, I'd recommend to read this book twice, because it really matters!


Want to buy a different edition or a book not found in our catalogue? If you know the 10-digit ISBN or ASIN, enter it here (without any spaces and dashes) and click Submit to generate a generic link to Amazon:
To search a book author or title keyword in our catalogue, please use keyword search. Copyright (2004-2016) by interesting-books-selector.com (IBS); last script update: 07-Jun-2016; webdesign by otolo.com

Privacy: We do not use cookies for collecting personal information from this site.Disclaimer (and Imprint) [Summary: External links are being provided as a convenience and for informational purposes only; they do not constitute an endorsement or an approval by IBS of any of the products, services or opinions of the corporation or organization or individual. IBS bears no responsibility for the accuracy, legality or content of the external site nor for any subsequent links.]
Advertisements :: Music for the Inquiring Mind and the Passionate Heart: LEO RECORDS :: (Multilingual) Find a free host and make friends while travelling internationally: beWelcome.org (BW) :: (German only) Finden Sie einen Reisepartner - einfach, gratis und ohne Registrierung: reisepartner-gesucht.de :: (Multilingual) Get your encrypted mailbox for free: Tutanota.com