Kindle
$19.00
Available instantly
Audible Logo Audiobook
$0.00
with membership trial
Hardcover
$23.24
Paperback
$25.90
Buy new:
$23.24
FREE delivery: Wednesday, April 24 on orders over $35.00 shipped by Amazon.
Ships from: Amazon.com
Sold by: Amazon.com
List Price: $32.00 Details

The List Price is the suggested retail price of a new product as provided by a manufacturer, supplier, or seller. Except for books, Amazon will display a List Price if the product was purchased by customers on Amazon or offered by other retailers at or above the List Price in at least the past 90 days. List prices may not necessarily reflect the product's prevailing market price.
Learn more
Save: $8.76 (27%)
Get Fast, Free Shipping with Amazon Prime FREE Returns
FREE delivery Wednesday, April 24 on orders shipped by Amazon over $35
Or fastest delivery Tuesday, April 23. Order within 6 hrs 38 mins
In Stock
$$23.24 () Includes selected options. Includes initial monthly payment and selected options. Details
Price
Subtotal
$$23.24
Subtotal
Initial payment breakdown
Shipping cost, delivery date, and order total (including tax) shown at checkout.
Ships from
Amazon.com
Ships from
Amazon.com
Sold by
Amazon.com
Sold by
Amazon.com
Returns
Eligible for Return, Refund or Replacement within 30 days of receipt
Eligible for Return, Refund or Replacement within 30 days of receipt
This item can be returned in its original condition for a full refund or replacement within 30 days of receipt.
Read full return policy
Returns
Eligible for Return, Refund or Replacement within 30 days of receipt
This item can be returned in its original condition for a full refund or replacement within 30 days of receipt.
Read full return policy
Payment
Secure transaction
Your transaction is secure
We work hard to protect your security and privacy. Our payment security system encrypts your information during transmission. We don’t share your credit card details with third-party sellers, and we don’t sell your information to others. Learn more
Payment
Secure transaction
We work hard to protect your security and privacy. Our payment security system encrypts your information during transmission. We don’t share your credit card details with third-party sellers, and we don’t sell your information to others. Learn more
Get Fast, Free Shipping with Amazon Prime
FREE delivery Monday, April 29 on orders shipped by Amazon over $35
Or fastest delivery Tuesday, April 23. Order within 4 hrs 23 mins
Used: Very Good | Details
Sold by Bookworm_CT
Fulfilled by Amazon
Condition: Used: Very Good
Comment: Pages are clean with no markings. Ships direct from Amazon!

Fulfillment by Amazon (FBA) is a service we offer sellers that lets them store their products in Amazon's fulfillment centers, and we directly pack, ship, and provide customer service for these products. Something we hope you'll especially enjoy: FBA items qualify for FREE Shipping and Amazon Prime.

If you're a seller, Fulfillment by Amazon can help you grow your business. Learn more about the program.

Access codes and supplements are not guaranteed with used items.
New & Used (36) from
$11.41  + $3.99 shipping
Other Sellers on Amazon
Added
$17.24
+ $4.49 shipping
Sold by: Red's Corner
Sold by: Red's Corner
(2587 ratings)
90% positive over last 12 months
In stock
Usually ships within 2 to 3 days.
Shipping rates and Return policy
Added
$17.75
+ $3.99 shipping
Sold by: partners08
Sold by: partners08
(2783 ratings)
92% positive over last 12 months
Only 1 left in stock - order soon.
Shipping rates and Return policy
Added
$23.88
FREE Shipping
Get free shipping
Free shipping within the U.S. when you order $35.00 of eligible items shipped by Amazon.
Or get faster shipping on this item starting at $5.99 . (Prices may vary for AK and HI.)
Learn more about free shipping
on orders over $35.00 shipped by Amazon.
Sold by: ayvax
Sold by: ayvax
(29248 ratings)
99% positive over last 12 months
Only 10 left in stock - order soon.
Shipping rates and Return policy
Amazon book clubs early access
Loading your book clubs
There was a problem loading your book clubs. Please try again.
Not in a club? Learn more
Amazon book clubs early access

Join or create book clubs

Choose books together

Track your books
Bring your club to Amazon Book Clubs, start a new book club and invite your friends to join, or find a club that’s right for you for free.
Explore Amazon Book Clubs
Kindle app logo image

Download the free Kindle app and start reading Kindle books instantly on your smartphone, tablet, or computer - no Kindle device required.

Read instantly on your browser with Kindle for Web.

Using your mobile phone camera - scan the code below and download the Kindle app.

QR code to download the Kindle App

Follow the author

Robert G. Hagstrom
Follow
Something went wrong. Please try your request again later.

The Warren Buffett Way Hardcover – September 30, 2013

by Robert G. Hagstrom (Author), Kenneth L. Fisher (Introduction), Howard Marks (Foreword),
4.7 out of 5 stars 2,324
See all formats and editions
Great on Kindle
Great Experience. Great Value.
iphone with kindle app
Putting our best book forward
Each Great on Kindle book offers a great reading experience, at a better value than print to keep your wallet happy.

Explore your book, then jump right back to where you left off with Page Flip.

View high quality images that let you zoom in to take a closer look.

Enjoy features only possible in digital – start reading right away, carry your library with you, adjust the font, create shareable notes and highlights, and more.

Discover additional details about the events, people, and places in your book, with Wikipedia integration.
Get the free Kindle app: Link to the kindle app page Link to the kindle app page
Enjoy a great reading experience when you buy the Kindle edition of this book. Learn more about Great on Kindle, available in select categories.
View Kindle Edition

There is a newer edition of this item:

The Warren Buffett Way, 30th Anniversary Edition (Wiley Investment Classics)
The Warren Buffett Way, 30th Anniversary Edition (Wiley Investment Classics)
$28.45
Only 4 left in stock (more on the way).
{"desktop_buybox_group_1":[{"displayPrice":"$23.24","priceAmount":23.24,"currencySymbol":"$","integerValue":"23","decimalSeparator":".","fractionalValue":"24","symbolPosition":"left","hasSpace":false,"showFractionalPartIfEmpty":true,"offerListingId":"tpeblP7T2NiZ2FlYRSxwti5rERpq4D0PiPRoO3LGZInQqe4Z3eXpto%2Fee%2FLeuz%2FB2oBTtS3JzhyhdES0ax6cQdMFunL7y7%2FRk%2BN8YXIjI1Nh0Sj%2Bt%2FZzmhsdWK56dt6xmpKfQNjz5WbzPiU711gYMw%3D%3D","locale":"en-US","buyingOptionType":"NEW","aapiBuyingOptionIndex":0}, {"displayPrice":"$19.89","priceAmount":19.89,"currencySymbol":"$","integerValue":"19","decimalSeparator":".","fractionalValue":"89","symbolPosition":"left","hasSpace":false,"showFractionalPartIfEmpty":true,"offerListingId":"tpeblP7T2NiZ2FlYRSxwti5rERpq4D0PuFEWHHAO0Twv4PP%2FDZ1yG1PSNnhuXgUwh0cr3H7JE1WL3XVLnAxKmvRlQ5YW7kyWp0V2vy%2FnILihkXC8WRE13LI5FKcFPndPoriOPagmcJh%2BjJ74AKCzVuh%2FAZxzB5QpeYY0lFdHDGU%2BXPLbmVfRsA%3D%3D","locale":"en-US","buyingOptionType":"USED","aapiBuyingOptionIndex":1}]}

Purchase options and add-ons

Warren Buffett is the most famous investor of all time and one of today’s most admired business leaders. He became a billionaire and investment sage by looking at companies as businesses rather than prices on a stock screen. The first two editions of The Warren Buffett Way gave investors their first in-depth look at the innovative investment and business strategies behind Buffett's spectacular success. The new edition updates readers on the latest investments by Buffett. And, more importantly, it draws on the new field of behavioral finance to explain how investors can overcome the common obstacles that prevent them from investing like Buffett.

New material includes:

  • How to think like a long-term investor – just like Buffett
  • Why "loss aversion", the tendency of most investors to overweight the pain of losing money, is one of the biggest obstacles that investors must overcome.
  • Why behaving rationally in the face of the ups and downs of the market has been the key to Buffett's investing success
  • Analysis of Buffett's recent acquisition of H.J. Heinz and his investment in IBM stock

The greatest challenge to emulating Buffett is not in the selection of the right stocks, Hagstrom writes, but in having the fortitude to stick with sound investments in the face of economic and market uncertainty. The new edition explains the psychological foundations of Buffett's approach, thus giving readers the best roadmap yet for mastering both the principles and behaviors that have made Buffett the greatest investor of our generation.

Previous page
  1. Print length
    320 pages
  2. Language
    English
  3. Publisher
    Wiley
  4. Publication date
    September 30, 2013
  5. Dimensions
    6.4 x 1.4 x 9.1 inches
  6. ISBN-10
    1118503252
  7. ISBN-13
    978-1118503256
  8. See all details
Next page
The Amazon Book Review
The Amazon Book Review
Book recommendations, author interviews, editors' picks, and more. Read it now

Frequently bought together

The Warren Buffett Way
$23.24
Get it as soon as Wednesday, Apr 24
In Stock
Ships from and sold by Amazon.com.
+
The Intelligent Investor Rev Ed.: The Definitive Book on Value Investing
$17.98
Get it as soon as Wednesday, Apr 24
In Stock
Ships from and sold by Amazon.com.
+
The Essays of Warren Buffett: Lessons for Corporate America
$27.00
Get it as soon as Wednesday, Apr 24
In Stock
Ships from and sold by Amazon.com.
Total price:
To see our price, add these items to your cart.
Details
Added to Cart
Choose items to buy together.
Popular Highlights in this book
What are popular highlights?
Previous page
  1. He looks for companies he understands, with favorable long-term prospects, that are operated by honest and competent people, and, importantly, are available at attractive prices.
    Highlighted by 1,047 Kindle readers
  2. “An investment operation is one which, upon thorough analysis, promises safety of principal and a satisfactory return. Operations not meeting these requirements are speculative.”
    Highlighted by 1,041 Kindle readers
  3. 1. Focus on return on equity, not earnings per share. 2. Calculate “owner earnings” to get a true reflection of value. 3. Look for companies with high profit margins. 4. For every dollar retained, make sure the company has created at least one dollar of market value.
    Highlighted by 913 Kindle readers
  4. The key lesson that Buffett took from Graham was: Successful investing involves purchasing stocks when their market price is at a significant discount to their underlying business value.
    Highlighted by 905 Kindle readers
Next page

Editorial Reviews

Amazon.com Review

More to Explore: See More Warren Buffett Guides



 Title The Warren Buffett Way, + Website The Warren Buffett Way Workbook The Warren Buffett Way Video Course Guide Type Professional Guide Workbook Video Course Audience Level Professional Professional Professional Pages 320 224 DVD List Price $29.95 $24.95 $40.00 Publication Date September, 2013 September, 2013 September, 2013 Author(s) Hagstrom Hagstrom and Rhodes Hagstrom Imprint Wiley Wiley Wiley ASIN 1118503252 1118574710 1118614402 Edition 3 1 1 Brief Description Third edition of the international bestselling guide to Warren Buffett's investment methods - completely revised and updated. Consists of over 500 questions and answers to help apply and reinforce learning from The Warren Buffett Way third edition. A video course by Robert Hagstrom that accompanies The Warren Buffett Way book and workbook. Can be used as a standalone or as enhancement to the book.

From the Inside Flap

Over an investment career that is six decades and counting, Warren Buffett has confronted countless challenges and navigated his way to unparalleled success. His humility, integrity, and intellectual spirit have endeared him to millions of investors around the world, and continue to ignite intense interest in how he goes about his business. That's why Robert Hagstrom has returned with the Third Edition of The Warren Buffett Way.

Despite the avalanche of information available to today's investor, many still struggle to earn a profit. But far above the market madness stands the insights and experience of Warren Buffett. In this latest edition of The Warren Buffett Way, Hagstrom puts the "Oracle of Omaha's" investment philosophy in perspective, while revealing how you can incorporate his effective approach into your own endeavors.

Opening with an engaging look at Buffett's personal and professional history, this timely book quickly moves on to introduce the individuals from Benjamin Graham and Philip Fisher to Charlie Munger who influenced the way Buffett looks at investing.

From here, Hagstrom begins to breakdown Buffett's methodology and makes a case for why what Buffett does is "not beyond anybody else's competence." You'll become familiar with Buffett's proven approach to selecting stocks as well as buying businesses both of which follow a similar pattern built on timeless principles codified into twelve tenets. You'll discover firsthand how his principles are applied to many Berkshire Hathaway purchases, including the classic purchase of Coca-Cola and more recent transactions involving IBM and Heinz. And after learning how to make rational decisions about which stocks to buy, Hagstrom shows you how to pull it all together by addressing why Buffett thinks focus investing greatly simplifies the task of portfolio management. Along the way, you'll gain essential insights into the psychological challenges of managing a Warren Buffett portfolio as well as the role of patience in long-term investing.

Warren Buffett's career of successfully managing money spans nearly sixty years. Integrating his tenets into your thinking and basing your investment decisions on them may not make you billions, but it will put you in a better position to improve your portfolio's bottom line over time.

Product details

  • Publisher ‏ : ‎ Wiley; 3rd edition (September 30, 2013)
  • Language ‏ : ‎ English
  • Hardcover ‏ : ‎ 320 pages
  • ISBN-10 ‏ : ‎ 1118503252
  • ISBN-13 ‏ : ‎ 978-1118503256
  • Item Weight ‏ : ‎ 1.13 pounds
  • Dimensions ‏ : ‎ 6.4 x 1.4 x 9.1 inches
  • Customer Reviews:
    4.7 out of 5 stars 2,324

About the author

Follow authors to get new release updates, plus improved recommendations.
Robert G. Hagstrom

Robert G. Hagstrom

Brief content visible, double tap to read full content.
Full content visible, double tap to read brief content.

Discover more of the author’s books, see similar authors, read author blogs and more

Customer reviews

4.7 out of 5 stars
4.7 out of 5
2,324 global ratings

Top reviews from the United States

Ash W
5.0 out of 5 stars Gift it
Reviewed in the United States on January 11, 2024
Verified Purchase
bought as a gift, recipient was happy
Helpful
 Report
Amazon Customer
5.0 out of 5 stars Chew, enjoy and digest the Buffett Way
Reviewed in the United States on October 25, 2014
Verified Purchase
I am not finished yet merely half-way into the book but I wanted to review this book; I just could not wait ;-) to tell you all about it. I am taking my time and digesting it all because the meat needs to be chewed, enjoyed and digested thoroughly. I am enjoying each aspect of this book and can't say enough...............I am loving this book.

I have purchased several books pertaining to Buffett and have followed him and his work for a few years. I was interested in him not only because of his investments but his character is to be rewarded; money isn't everything. I have not finished the other books that I have purchased about him but want to be able to absorb this one first before moving forward into the others. Nor have I gotten a chance to delve into the website yet, I can't wait.

This book helps you to see and delve into the ways into which Buffett processes his investments but also shows how his upbringing, mentors and experiences has helped him in his investment endeavors and the investment choices that he makes as seen in Chapter 2: The Education of Warren Buffet. Here it provides an understanding of the industry and having hands on experience does help but in not letting money be your guide is best. Once you understand then you can make better and educated decisions.

Everyone may not be able to have the same types of successes as Buffett has had but to understand the method behind the man says a lot. Robert G. Hagstrom does a good job in breaking down the book. As in Chapter 4: Common Stock Purchases - Nine Case Studies in the tenets that he uses are valuable from Simple and Understandable and Price Point to Candor/Rationality. Stay tuned for a follow-up from me once I finish the book and review the website.

Up unto this point this book is Highly Recommended.
22 people found this helpful
Helpful
 Report
Oded Regev
5.0 out of 5 stars Excellent book to complement Berkshire annual letters
Reviewed in the United States on May 17, 2023
Verified Purchase
I got deep into the Warren Buffet rabbit hole in the past year. Got to read all of Berkshire annual letters. I searched for a good complementary book that will allow me to learn more directly about how can I use WB methods in my own portfolio selection. This book is the exact thing that I wished for. Full of knowledge and construct in a very clean and easy to understand way to help someone like me with concrete steps to use.
6 people found this helpful
Helpful
 Report
Mark91345
5.0 out of 5 stars I've heard this, in the car, maybe 10 ...
Reviewed in the United States on April 10, 2015
Verified Purchase
I've heard this, in the car, maybe 10 or 20 times. It makes me think -- and feel -- the importance of studying, and of course, what to actually study. I have a hard time understanding Annual Reports (from publicly traded companies), as all those accounting terms, and GAAP standards (hardy har har) make it difficult to figure out if a company is making more money than it spends, but more importantly Hagstrom's book gives an insight into Buffett's approach which includes, as an example, reading all those "footnotes", as well getting a feel for whether management is doing what they say they're going to do.

I think that companies' annual reports are partly "boilerplate" info, but I also think they are INTENDED to obfuscate, since the real question is to determine whether a company makes more than it spends (profit), and secondly whether shareholders tend to benefit (or if the company plows that cash back into their own agenda).
14 people found this helpful
Helpful
 Report
Joshua
5.0 out of 5 stars Practical advice on Buffett-like Value Investing
Reviewed in the United States on December 12, 2014
Verified Purchase
I have read many books on value investing. This is far and away among the top books that I will re-read over the years to come. (Others include The Intelligent Investor; The Most Important Thing; Common Stocks, Uncommon Profits; The Essays of Warren Buffett; and Margin of Safety). Mr. Hagstrom has put together a great primer on how to evaluate a company as an investment. His tenets are great checklist for your thinking as you evaluate the merits of a company and its value and then apply a margin of safety to figure out if it is attractively priced. I would highly suggest that you also purchase something along the lines of William Sahlman's Note on Free Cash Flow Valuation Models available through Harvard Business Review if you're now sure how to perform a discounted cash flow model. I would definitely recommend buying and studying this book.
45 people found this helpful
Helpful
 Report
dan
5.0 out of 5 stars It’s a book by Robert Hagstrom, best portfolio manager.
Reviewed in the United States on August 6, 2022
Verified Purchase
It’s a good read about investments in stocks. But it’s easier to just use his portfolio because it’s really good.
Helpful
 Report
Kyungbae Kim
5.0 out of 5 stars enjoying legendary stories of the investment giant
Reviewed in the United States on October 7, 2017
Verified Purchase
nicely summarized investment principle
as well as good background necessary knowledge with persuasive explanation

I personally got the answer to my life long unsolved question; what does common stock investment (especially in the secondary market) really contribute to the society really? (other than just betting on the company’s share price which gives no additional value either to the company nor to the society)

the answer I realized is that becoming long term value investor could contribute to both the company and society because it helps to find right share price eventually and sound investment environment
8 people found this helpful
Helpful
 Report

Top reviews from other countries

Translate all reviews to English
Raphael Cavalcanti
5.0 out of 5 stars Excellent! Amazing book
Reviewed in Canada on March 8, 2022
Verified Purchase
Excellent! Amazing book for all investors strategies.
Report
João Curral
2.0 out of 5 stars Encomenda com danos
Reviewed in Spain on September 14, 2023
Verified Purchase
Customer image
João Curral
2.0 out of 5 stars Encomenda com danos
Reviewed in Spain on September 14, 2023
Images in this review
Customer image Customer image
Customer imageCustomer image
Report
Dama Demolizioni
5.0 out of 5 stars Ottimo libro
Reviewed in Italy on February 18, 2023
Verified Purchase
Per la scuola
Report
David
5.0 out of 5 stars Excelente
Reviewed in Mexico on December 31, 2019
Verified Purchase
Excelente
Report
Lesley
5.0 out of 5 stars Excellent read on value investing
Reviewed in the United Kingdom on January 16, 2020
Verified Purchase
This is an excellent read. As someone new to value investing, the insights shared and some of the concepts were simply put with practical examples. This book is about the approach Warren takes and the underlying philosophy and mindset he has adopted. It also advocates for long term value investing in general. Not for the get rich quick investing. Absolutely great
One person found this helpful
 Report