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<book id="209956">
  <title><![CDATA[The Warren Buffett Way: Investment Strategies of the World's Greatest Investor]]></title>
  <isbn><![CDATA[0471177504]]></isbn>
  <isbn13><![CDATA[9780471177500]]></isbn13>
    <image_url>http://photo.goodreads.com/books/1172709194m/209956.jpg</image_url>
    <work>
  <best_book_id type="integer">209956</best_book_id>
  <books_count type="integer">7</books_count>
  <default_description>From Library Journal
Hagstrom, a principal in a Philadelphia investment firm, describes the investment strategies and techniques used by Warren Buffett to realize enormous success as a professional investor. Aiming his analysis at the individual investor, Hagstrom reviews the influence of Buffett's mentors, Ben Graham and Philip Fisher, and illustrates Buffett's synthesis of their investment philosophies. Hagstrom provides case studies of Buffett's major investments, showing the qualities of the companies that had appeal. Buffett's investment philosophy espouses long-term investing, respect for good management, and recognition of the value of a business franchise. This insightful work is a worthwhile complement to Graham's classic writings, considered essential for new investors.
Joseph Barth, U.S. Military Acad. Lib., West Point, N.Y.
Copyright 1994 Reed Business Information, Inc. --This text refers to an out of print or unavailable edition of this title. </default_description>
  <id type="integer">488568</id>
  <media_type>book</media_type>
  <original_language_id type="integer" nil="true"></original_language_id>
  <original_publication_day type="integer" nil="true"></original_publication_day>
  <original_publication_month type="integer" nil="true"></original_publication_month>
  <original_publication_year type="integer">1994</original_publication_year>
  <original_title>The Warren Buffett Way: Investment Strategies of the World's Greatest Investor</original_title>
  <rating_dist>total:224|5:48|4:90|3:73|2:11|1:2|</rating_dist>
  <ratings_count type="integer">224</ratings_count>
  <ratings_sum type="integer">843</ratings_sum>
  <reviews_count type="integer">392</reviews_count>
  <text_reviews_count type="integer">33</text_reviews_count>
</work>

  <average_rating><![CDATA[3.76]]></average_rating>
  <ratings_count><![CDATA[176]]></ratings_count>
  <text_reviews_count><![CDATA[24]]></text_reviews_count>
  <url><![CDATA[http://www.goodreads.com/book/show/209956.The_Warren_Buffett_Way_Investment_Strategies_of_the_World_s_Greatest_Investor]]></url>
  <authors>
        <author id="739">
      <name><![CDATA[Robert G. Hagstrom]]></name>
      <role><![CDATA[]]></role>
      <url><![CDATA[http://www.goodreads.com/author/show/739.Robert_G_Hagstrom]]></url>
      <average_rating><![CDATA[3.71]]></average_rating>
      <ratings_count><![CDATA[265]]></ratings_count>
      <text_reviews_count><![CDATA[35]]></text_reviews_count>
    </author>
      </authors>
    <reviews start="1" end="20" total="392">
    <review id="25061103">
    <user id="512845">
    <name><![CDATA[Peter]]></name>
    <location><![CDATA[Alexandria, VA]]></location>        
    <url><![CDATA[http://www.goodreads.com/user/show/512845-peter]]></url>
  </user>
      <rating>4</rating>
  <votes>1</votes>
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  <spoiler_flag>false</spoiler_flag>
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      </shelves>
  <recommended_for><![CDATA[]]></recommended_for>
  <recommended_by><![CDATA[]]></recommended_by>
  <read_at>Thu Jun 19 00:00:00 -0700 2008</read_at>
  <date_added>Sat Jun 21 10:32:45 -0700 2008</date_added>
  <date_updated>Sat Jun 21 10:39:39 -0700 2008</date_updated>
  <read_count></read_count>
    <body><![CDATA[Nick has been studying Warren Buffer by way of news articles and Berkshire's annual reports for many years. From these studies, the author has built what he thinks is the strategy that Warren uses to analyze and eventually purchase companies. The book explains how Buffet is part Ben Graham, part Phi...<a href="http://www.goodreads.com/review/show/25061103">more...</a>]]></body>
    <url><![CDATA[http://www.goodreads.com/review/show/25061103]]></url>
</review>
    <review id="73111351">
    <user id="1682606">
    <name><![CDATA[Tom]]></name>
    <location><![CDATA[Richmond, VA]]></location>        
    <url><![CDATA[http://www.goodreads.com/user/show/1682606-tom]]></url>
  </user>
      <rating>1</rating>
  <votes>0</votes>
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      </shelves>
  <recommended_for><![CDATA[Eighth graders]]></recommended_for>
  <recommended_by><![CDATA[]]></recommended_by>
  <read_at>Mon Oct 05 00:00:00 -0700 2009</read_at>
  <date_added>Thu Oct 01 11:37:14 -0700 2009</date_added>
  <date_updated>Mon Oct 05 05:28:00 -0700 2009</date_updated>
  <read_count>1</read_count>
    <body><![CDATA[Don't bother.  I expected better from the practitioner who wrote this, Robert Hagstrom of Legg Mason Capital Management, but in its audio version it's dry, simplistic, and badly read by someone who gears his pace toward eighth graders.  That's probably the best audience for this book.  All others, e...<a href="http://www.goodreads.com/review/show/73111351">more...</a>]]></body>
    <url><![CDATA[http://www.goodreads.com/review/show/73111351]]></url>
</review>
    <review id="28464212">
    <user id="1260474">
    <name><![CDATA[Jim]]></name>
    <location><![CDATA[Columbus, OH]]></location>        
    <url><![CDATA[http://www.goodreads.com/user/show/1260474-jim]]></url>
  </user>
      <rating>5</rating>
  <votes>0</votes>
  <sell_flag>false</sell_flag>
  <spoiler_flag>false</spoiler_flag>
  <shelves>
      </shelves>
  <recommended_for><![CDATA[]]></recommended_for>
  <recommended_by><![CDATA[]]></recommended_by>
  <read_at>Wed Oct 22 00:00:00 -0700 2008</read_at>
  <date_added>Sun Jul 27 18:44:11 -0700 2008</date_added>
  <date_updated>Thu Oct 23 15:05:56 -0700 2008</date_updated>
  <read_count></read_count>
    <body><![CDATA[Solid investment advice from the best.  Well written with a minimum of personality and many investment war stories about various investments like GEICO, the Washington Post, Coek Guiness, Gillette, Wells Fargo.  He starts with Ben graham's low p/e ratio investing strategy. Buffett calls it the cigar...<a href="http://www.goodreads.com/review/show/28464212">more...</a>]]></body>
    <url><![CDATA[http://www.goodreads.com/review/show/28464212]]></url>
</review>
    <review id="40106962">
    <user id="1803356">
    <name><![CDATA[Zidni]]></name>
    <location><![CDATA[Indonesia]]></location>        
    <url><![CDATA[http://www.goodreads.com/user/show/1803356-zidni-agni]]></url>
  </user>
      <rating>4</rating>
  <votes>0</votes>
  <sell_flag>false</sell_flag>
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  <recommended_for><![CDATA[]]></recommended_for>
  <recommended_by><![CDATA[]]></recommended_by>
  <read_at>Tue Jan 01 00:00:00 -0800 2008</read_at>
  <date_added>Sun Dec 14 17:51:34 -0800 2008</date_added>
  <date_updated>Sun Dec 14 17:52:17 -0800 2008</date_updated>
  <read_count></read_count>
    <body><![CDATA[Nice book on Stock investment, even though you need to review all your financial text book :)]]></body>
    <url><![CDATA[http://www.goodreads.com/review/show/40106962]]></url>
</review>
    <review id="66509615">
    <user id="907330">
    <name><![CDATA[Prasad]]></name>
    <location><![CDATA[Pune, India]]></location>        
    <url><![CDATA[http://www.goodreads.com/user/show/907330-prasad]]></url>
  </user>
      <rating>4</rating>
  <votes>0</votes>
  <sell_flag>false</sell_flag>
  <spoiler_flag>false</spoiler_flag>
  <shelves>
      </shelves>
  <recommended_for><![CDATA[]]></recommended_for>
  <recommended_by><![CDATA[]]></recommended_by>
  <read_at>Mon Aug 03 00:00:00 -0700 2009</read_at>
  <date_added>Thu Aug 06 22:53:28 -0700 2009</date_added>
  <date_updated>Thu Aug 06 22:53:28 -0700 2009</date_updated>
  <read_count></read_count>
    <body><![CDATA[It's definitely an informative read. Go for it...:)]]></body>
    <url><![CDATA[http://www.goodreads.com/review/show/66509615]]></url>
</review>
    <review id="44705899">
    <user id="1967680">
    <name><![CDATA[Ming]]></name>
    <location><![CDATA[]]></location>        
    <url><![CDATA[http://www.goodreads.com/user/show/1967680-ming]]></url>
  </user>
      <rating>4</rating>
  <votes>0</votes>
  <sell_flag>false</sell_flag>
  <spoiler_flag>false</spoiler_flag>
  <shelves>
      </shelves>
  <recommended_for><![CDATA[]]></recommended_for>
  <recommended_by><![CDATA[]]></recommended_by>
  <read_at>Sun Jan 01 00:00:00 -0800 2006</read_at>
  <date_added>Wed Jan 28 18:29:04 -0800 2009</date_added>
  <date_updated>Wed Jan 28 18:29:20 -0800 2009</date_updated>
  <read_count></read_count>
    <body><![CDATA[Kick ass book, got me started in value investing]]></body>
    <url><![CDATA[http://www.goodreads.com/review/show/44705899]]></url>
</review>
    <review id="43899808">
    <user id="1936081">
    <name><![CDATA[Cre8osh]]></name>
    <location><![CDATA[Jakarta, 04, Indonesia]]></location>        
    <url><![CDATA[http://www.goodreads.com/user/show/1936081-cre8osh]]></url>
  </user>
      <rating>0</rating>
  <votes>0</votes>
  <sell_flag>false</sell_flag>
  <spoiler_flag>false</spoiler_flag>
  <shelves>
        <shelf name="currently-reading" />
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  <recommended_for><![CDATA[]]></recommended_for>
  <recommended_by><![CDATA[]]></recommended_by>
  <read_at></read_at>
  <date_added>Thu Jan 22 00:48:43 -0800 2009</date_added>
  <date_updated>Thu Jan 22 00:49:53 -0800 2009</date_updated>
  <read_count></read_count>
    <body><![CDATA[apa yg bikin buku tuipis ni mahal?<br/>hayo?!!]]></body>
    <url><![CDATA[http://www.goodreads.com/review/show/43899808]]></url>
</review>
    <review id="44598675">
    <user id="1616043">
    <name><![CDATA[Holly]]></name>
    <location><![CDATA[Coppell, TX]]></location>        
    <url><![CDATA[http://www.goodreads.com/user/show/1616043-holly]]></url>
  </user>
      <rating>3</rating>
  <votes>0</votes>
  <sell_flag>false</sell_flag>
  <spoiler_flag>false</spoiler_flag>
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      </shelves>
  <recommended_for><![CDATA[]]></recommended_for>
  <recommended_by><![CDATA[]]></recommended_by>
  <read_at>Thu Mar 05 20:40:44 -0800 2009</read_at>
  <date_added>Tue Jan 27 21:03:24 -0800 2009</date_added>
  <date_updated>Thu Mar 05 20:40:44 -0800 2009</date_updated>
  <read_count></read_count>
    <body><![CDATA[It is a good way to get you thinking about investments and what they should mean to you. I had a little bit of difficulty with some of the vocab, but I don't think it strayed me too far from the message.]]></body>
    <url><![CDATA[http://www.goodreads.com/review/show/44598675]]></url>
</review>
    <review id="31558144">
    <user id="1464774">
    <name><![CDATA[Jimar]]></name>
    <location><![CDATA[Irvine, CA]]></location>        
    <url><![CDATA[http://www.goodreads.com/user/show/1464774-jimar]]></url>
  </user>
      <rating>3</rating>
  <votes>0</votes>
  <sell_flag>false</sell_flag>
  <spoiler_flag>false</spoiler_flag>
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      </shelves>
  <recommended_for><![CDATA[]]></recommended_for>
  <recommended_by><![CDATA[]]></recommended_by>
  <read_at></read_at>
  <date_added>Fri Aug 29 17:10:47 -0700 2008</date_added>
  <date_updated>Fri Aug 29 17:14:24 -0700 2008</date_updated>
  <read_count></read_count>
    <body><![CDATA[Not the easiest book to read, but it goes into very key investing principles that have built the worlds richest man.<br/><br/>If you are interested in long-term investment strategies, this is a must-read.<br/><br/>Highlight: Find stocks on sale, employ a &quot;margin of safety&quot;, and don't g...<a href="http://www.goodreads.com/review/show/31558144">more...</a>]]></body>
    <url><![CDATA[http://www.goodreads.com/review/show/31558144]]></url>
</review>
    <review id="9849440">
    <user id="349251">
    <name><![CDATA[Stevie]]></name>
    <location><![CDATA[Austin, TX]]></location>        
    <url><![CDATA[http://www.goodreads.com/user/show/349251-stevie]]></url>
  </user>
      <rating>3</rating>
  <votes>0</votes>
  <sell_flag>true</sell_flag>
  <spoiler_flag>false</spoiler_flag>
  <shelves>
        <shelf name="books-owned" />
        <shelf name="business" />
      </shelves>
  <recommended_for><![CDATA[]]></recommended_for>
  <recommended_by><![CDATA[]]></recommended_by>
  <read_at>Mon Aug 18 00:00:00 -0700 2008</read_at>
  <date_added>Sun Dec 02 15:12:48 -0800 2007</date_added>
  <date_updated>Mon Aug 18 20:55:56 -0700 2008</date_updated>
  <read_count></read_count>
    <body><![CDATA[I found the book to be interesting at points.  I had to skim throught the information about the companies Buffet owns becuase I was primarily interested in his investment philosophy.  The biggest thing I took from the book is that to ignore the short term changes in the market and focus on the under...<a href="http://www.goodreads.com/review/show/9849440">more...</a>]]></body>
    <url><![CDATA[http://www.goodreads.com/review/show/9849440]]></url>
</review>
    <review id="25080234">
    <user id="1257801">
    <name><![CDATA[Henry]]></name>
    <location><![CDATA[Los Angeles, CA]]></location>        
    <url><![CDATA[http://www.goodreads.com/user/show/1257801-henry-park]]></url>
  </user>
      <rating>5</rating>
  <votes>0</votes>
  <sell_flag>false</sell_flag>
  <spoiler_flag>false</spoiler_flag>
  <shelves>
      </shelves>
  <recommended_for><![CDATA[]]></recommended_for>
  <recommended_by><![CDATA[]]></recommended_by>
  <read_at></read_at>
  <date_added>Sat Jun 21 16:05:58 -0700 2008</date_added>
  <date_updated>Sat Jun 21 16:06:59 -0700 2008</date_updated>
  <read_count></read_count>
    <body><![CDATA[Mr. Buffett's strategy is much simpler than people think. The book gets detailed in his life and the author has a great relationship with him, seems like.  If you're seriuous about investing, you have to read this book.]]></body>
    <url><![CDATA[http://www.goodreads.com/review/show/25080234]]></url>
</review>
    <review id="9177351">
    <user id="110723">
    <name><![CDATA[Parker]]></name>
    <location><![CDATA[Spain]]></location>        
    <url><![CDATA[http://www.goodreads.com/user/show/110723-parker]]></url>
  </user>
      <rating>3</rating>
  <votes>0</votes>
  <sell_flag>false</sell_flag>
  <spoiler_flag>false</spoiler_flag>
  <shelves>
      </shelves>
  <recommended_for><![CDATA[]]></recommended_for>
  <recommended_by><![CDATA[]]></recommended_by>
  <read_at></read_at>
  <date_added>Thu Nov 15 20:00:58 -0800 2007</date_added>
  <date_updated>Thu Nov 15 20:01:59 -0800 2007</date_updated>
  <read_count></read_count>
    <body><![CDATA[great intro to investing book. Pretty basic at times but helpful if you are just getting started. as you would imagine it basically just walks you through buffett's philosophy on investing and how he evaluates a company]]></body>
    <url><![CDATA[http://www.goodreads.com/review/show/9177351]]></url>
</review>
    <review id="8003165">
    <user id="118445">
    <name><![CDATA[Blake]]></name>
    <location><![CDATA[The United States]]></location>        
    <url><![CDATA[http://www.goodreads.com/user/show/118445-blake-gafford]]></url>
  </user>
      <rating>5</rating>
  <votes>0</votes>
  <sell_flag>false</sell_flag>
  <spoiler_flag>false</spoiler_flag>
  <shelves>
      </shelves>
  <recommended_for><![CDATA[Landers]]></recommended_for>
  <recommended_by><![CDATA[]]></recommended_by>
  <read_at>Wed Aug 01 00:00:00 -0700 2007</read_at>
  <date_added>Sat Oct 20 19:27:19 -0700 2007</date_added>
  <date_updated>Sat Oct 20 19:29:50 -0700 2007</date_updated>
  <read_count></read_count>
    <body><![CDATA[Great book---first tells you about how Buffett's philosophy was shaped, then goes on to give stories about the investments Buffett made. Educating and highly readable.]]></body>
    <url><![CDATA[http://www.goodreads.com/review/show/8003165]]></url>
</review>
    <review id="25046262">
    <user id="1226411">
    <name><![CDATA[Jim]]></name>
    <location><![CDATA[New York, NY]]></location>        
    <url><![CDATA[http://www.goodreads.com/user/show/1226411-jim]]></url>
  </user>
      <rating>5</rating>
  <votes>0</votes>
  <sell_flag>false</sell_flag>
  <spoiler_flag>false</spoiler_flag>
  <shelves>
      </shelves>
  <recommended_for><![CDATA[]]></recommended_for>
  <recommended_by><![CDATA[]]></recommended_by>
  <read_at></read_at>
  <date_added>Sat Jun 21 06:16:33 -0700 2008</date_added>
  <date_updated>Sat Jun 21 06:19:03 -0700 2008</date_updated>
  <read_count></read_count>
    <body><![CDATA[Best book I've read on investing and great introduction for anyone. It covers case studies of the investments of Warren Buffett and his investment strategies.  ]]></body>
    <url><![CDATA[http://www.goodreads.com/review/show/25046262]]></url>
</review>
    <review id="15263304">
    <user id="901985">
    <name><![CDATA[Drex]]></name>
    <location><![CDATA[Mesa, AZ]]></location>        
    <url><![CDATA[http://www.goodreads.com/user/show/901985-drex]]></url>
  </user>
      <rating>4</rating>
  <votes>0</votes>
  <sell_flag>false</sell_flag>
  <spoiler_flag>false</spoiler_flag>
  <shelves>
        <shelf name="investing" />
      </shelves>
  <recommended_for><![CDATA[business people, investors, people interested in Warren Buffett]]></recommended_for>
  <recommended_by><![CDATA[]]></recommended_by>
  <read_at>Sat Jan 01 00:00:00 -0800 2005</read_at>
  <date_added>Tue Feb 12 13:11:43 -0800 2008</date_added>
  <date_updated>Tue Feb 12 19:56:54 -0800 2008</date_updated>
  <read_count></read_count>
    <body><![CDATA[Wonderful case studies about each of Warren Buffett's major investments.  A treasure trove of information for people who want to emulate the &quot;sage of omaha&quot;.]]></body>
    <url><![CDATA[http://www.goodreads.com/review/show/15263304]]></url>
</review>
    <review id="28483091">
    <user id="1321346">
    <name><![CDATA[Shantha]]></name>
    <location><![CDATA[Palo Alto, CA]]></location>        
    <url><![CDATA[http://www.goodreads.com/user/show/1321346-shantha]]></url>
  </user>
      <rating>0</rating>
  <votes>0</votes>
  <sell_flag>false</sell_flag>
  <spoiler_flag>false</spoiler_flag>
  <shelves>
        <shelf name="to-read" />
      </shelves>
  <recommended_for><![CDATA[]]></recommended_for>
  <recommended_by><![CDATA[]]></recommended_by>
  <read_at></read_at>
  <date_added>Sun Jul 27 23:08:16 -0700 2008</date_added>
  <date_updated>Sun Jul 27 23:10:13 -0700 2008</date_updated>
  <read_count></read_count>
    <body><![CDATA[I heard from my husband that I have to be careful when reading this book...hmm...wonder why...anyway, I'm curious, shall read it;0)<br/><br/>]]></body>
    <url><![CDATA[http://www.goodreads.com/review/show/28483091]]></url>
</review>
    <review id="10126140">
    <user id="600468">
    <name><![CDATA[Chris]]></name>
    <location><![CDATA[Hawthorne, NJ]]></location>        
    <url><![CDATA[http://www.goodreads.com/user/show/600468-chris]]></url>
  </user>
      <rating>3</rating>
  <votes>0</votes>
  <sell_flag>false</sell_flag>
  <spoiler_flag>false</spoiler_flag>
  <shelves>
      </shelves>
  <recommended_for><![CDATA[]]></recommended_for>
  <recommended_by><![CDATA[]]></recommended_by>
  <read_at>Sat Dec 01 00:00:00 -0800 2007</read_at>
  <date_added>Fri Dec 07 22:52:58 -0800 2007</date_added>
  <date_updated>Tue Dec 18 18:22:48 -0800 2007</date_updated>
  <read_count></read_count>
    <body><![CDATA[Good stuff.  Too dry though, not a smooth read.  Bershire's annual letter to shareholders I find is a better read and more informative.]]></body>
    <url><![CDATA[http://www.goodreads.com/review/show/10126140]]></url>
</review>
    <review id="14433037">
    <user id="383005">
    <name><![CDATA[Derm]]></name>
    <location><![CDATA[Sweden]]></location>        
    <url><![CDATA[http://www.goodreads.com/user/show/383005-derm]]></url>
  </user>
      <rating>5</rating>
  <votes>0</votes>
  <sell_flag>false</sell_flag>
  <spoiler_flag>false</spoiler_flag>
  <shelves>
      </shelves>
  <recommended_for><![CDATA[]]></recommended_for>
  <recommended_by><![CDATA[]]></recommended_by>
  <read_at>Sat Apr 01 00:00:00 -0800 2006</read_at>
  <date_added>Sun Feb 03 06:17:42 -0800 2008</date_added>
  <date_updated>Sun Feb 03 06:18:41 -0800 2008</date_updated>
  <read_count></read_count>
    <body><![CDATA[The investing basics from the greatest in the world.  Warren Buffett is a saint.  I wish we all could be like him]]></body>
    <url><![CDATA[http://www.goodreads.com/review/show/14433037]]></url>
</review>
    <review id="30647719">
    <user id="1442893">
    <name><![CDATA[Mark]]></name>
    <location><![CDATA[75243, Singapore]]></location>        
    <url><![CDATA[http://www.goodreads.com/user/show/1442893-mark]]></url>
  </user>
      <rating>4</rating>
  <votes>0</votes>
  <sell_flag>false</sell_flag>
  <spoiler_flag>false</spoiler_flag>
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        <shelf name="business" />
      </shelves>
  <recommended_for><![CDATA[]]></recommended_for>
  <recommended_by><![CDATA[]]></recommended_by>
  <read_at></read_at>
  <date_added>Wed Aug 20 07:34:06 -0700 2008</date_added>
  <date_updated>Fri Oct 16 08:30:26 -0700 2009</date_updated>
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    <body><![CDATA[Back to basics in investing. Powerful. Lends truth to the cliche &quot;the best things in life are simple. &quot;]]></body>
    <url><![CDATA[http://www.goodreads.com/review/show/30647719]]></url>
</review>
    <review id="20028517">
    <user id="994403">
    <name><![CDATA[Marco]]></name>
    <location><![CDATA[Puerto Rico]]></location>        
    <url><![CDATA[http://www.goodreads.com/user/show/994403-marco]]></url>
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      <rating>5</rating>
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  <recommended_for><![CDATA[everyone who wants to make (more) money]]></recommended_for>
  <recommended_by><![CDATA[]]></recommended_by>
  <read_at></read_at>
  <date_added>Sat Apr 12 17:25:56 -0700 2008</date_added>
  <date_updated>Mon Apr 28 09:25:13 -0700 2008</date_updated>
  <read_count></read_count>
    <body><![CDATA[This book is a very well written introduction to the thought process of the world's greatest investor.]]></body>
    <url><![CDATA[http://www.goodreads.com/review/show/20028517]]></url>
</review>
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