Buffett Warren - Thoughts of Chairman Buffett: thirty years of unconventional wisdom from the sage of Omaha

He has been called the Wizard of Omaha, the Sage of the West, the King of Kiewit Plaza. He is Warren Buffett, the greatest investor who ever lived.

Ensconced in his humble office, without even putting his name on the building and with just a handful of aides, Warren Buffett has become the second richest man in America.

Indeed, had you the perspicacity to invest $10,000 with young Warren in 1956, your little nest egg would now be a ryran-nosaurus egg worth over $80,000,000! Thats an average yearly return of 26.7 percent on your money every year for thirty years. To say success like this is rarely heard of is a massive understatement. It is so rare that some experts call Buffett a Five Sigma Event, meaning hes so unusual he should be left out of the statistics as a freak of nature, never to happen again.

But Buffett is still happening. In fact, his last ten years return on money invested is a whopping 32.36 percent! Sure beats putting it in the bank.

So how on earth does Buffett do it?

Well, it may not be easy, but it is simple. Buffett follows some basic rules, which I shall elucidate at the end of this book rules anyone can follow to become an above-average investor. He also has a unique homespun philosophy about the making of money.

Inside this little book is thirty years of vintage Buffett: the lessons hes learned; the mistakes hes made; his observations about people, life, business, and, of course, making a buck. If you ever wanted to learn from a money master but couldnt stomach those long-winded finance books, Thoughts of Chairman Buffett is for you. Its short, powerful, and to the point.

When you read his words, take a while to consider their deeper meaning. On almost every page is a thought with the potential to lift your investment game or bring a wayward business back on track.

Another thing about Buffett: Hes easy to understand. This is not one of those investors who sweat over reams of statistical charts and fiscal hieroglyphics. This is a guy who doesnt even use a computer. He relies on information you and I can get our hands on annual reports, newspaper and magazine articles, and commonly available financial records. What makes him an investment genius is how he looks at this information. Youll get a real sense of that from the sage advice in this book.

So here it isstraight from the silver-haired, crumpled-suited magicians mouth the secrets to investment success.