Nick's Reviews > Even Buffett Isn't Perfect: What You Can--and Can't--Learn from the World's Greatest Investor

Even Buffett Isn't Perfect by Vahan Janjigian

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945792
's review
May 05, 09

bookshelves: business
Read in April, 2009

Not having read any previous literature on Warren Buffet, this book proved to be a very generous introduction to the world of "the Greatest Investor on the Planet."

I especially enjoyed the fact that the author (who works for Forbes Magazine) explains how Buffet's investment strategy works only for Buffet--because he commands so much capital--that the average investor (and the author does a great job of explaining the differences between and investor and a trader) can not even fathom of following any kind of "trend" in Buffet's investment strategy, it simply doesn't follow the economy of scale. Instead, you or I should invest our money in index funds, which over the long run (decades) would prove to be a good return on investment.

I also appreciate the fact that Buffet invests in simple solutions; no overly complex technology firms or holding companies, just everyday items that everyone uses: insurance (GEICO), razors (Gillette), and undergarments (Fruit of the Loom), to name a few.

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