0%

In Warren Buffett: Inside the Ultimate Money Mind, Hagstrom breaks new ground with a deep analysis of Buffett’s essential wisdom, an intricate mosaic of wide-ranging ideas and insights that Buffett calls a Money Mind.

What exactly is a Money Mind? At one level, it’s a way of thinking about major financial issues such as capital allocation. At another level, it summarizes an overall mindset for successfully investing in today’s fast-paced stock market, a mindset that depends on a commitment to learning, adapting, and facing down irrelevant noise.

This is not a method book. It is a thinking book.

Warren Buffett: Inside the Ultimate Money Mind explains the philosophies of self-reliance, stoicism, rationalism, and pragmatism and their contributions to making intelligent investment decisions. It also outlines the evolution of value investing, discusses how to develop a business-driven investing mindset, and describes the defining traits of successful active management. Lastly, it examines the surprising aspects of a Money Mind – sportsman, teacher, and artist.

In short, Warren Buffett: Inside the Ultimate Money Mind helps readers understand the building blocks that go into making a Money Mind so they can begin to incorporate its principles in the service to a life of value.

Testimonials

 “An erudite masterpiece…”

 –Lawrence A. Cunningham, author; professor and director, Quality Shareholders Initiative, George Washington University

 “It’s another must-read…”

 –Bethany McLean, journalist and Contributing Editor, Vanity Fair, author, Saudi America and co-author The Smartest Guys in the Room

“Pure Genius! This is a game changer in investment books…”

 Robert P. Miles, author; Executive in Residence, University of Nebraska at Omaha, Executive MBA Program, "The Genius of Warren Buffett"

 “Effervescence and thoughtful analysis of Buffett’s life and work…”

 Tom Gayner, Co-chief Executive Officer, Markel Corporation

 “Hagstrom’s books always enable readers to think about the world in new ways…”

 Tren Griffin, author, Charlie Munger: The Complete Investor

Table of Contents

  1. Cover
  2. Title Page
  3. Copyright
  4. Prologue
  5. CHAPTER 1: The Young Warren Buffett
    1. It Begins
    2. From Investment Partnership to a Compounding Conglomerate
    3. Notes
  6. CHAPTER 2: Developing an Investment Philosophy
    1. Howard Homan Buffett
    2. Benjamin Graham
    3. Charles Thomas Munger
    4. In Closing …
    5. Notes
  7. CHAPTER 3: The Evolution of Value Investing
    1. Stage One: Classic Value Investing
    2. Stage Two: Valuing a Business, Not a Stock
    3. Stage Three: The Value of Network Economics
    4. Notes
  8. CHAPTER 4: Business‐Driven Investing
    1. Investment Zone
    2. Notes
  9. CHAPTER 5: It's Not That Active Management Doesn't Work
    1. Notes
  10. CHAPTER 6: The Money Mind: Sportsman, Teacher, Artist
    1. Notes
  11. Epilogue
  12. Acknowledgments
  13. Berkshire Hathaway Library
  14. For Further Reading
    1. Investing
    2. Psychology
    3. Philosophy
  15. Index
  16. End User License Agreement
18.117.153.38