{"product_id":"inside-the-investments-of-warren-buffett","title":"Inside the Investments of Warren Buffett by yefei lu","description":"\u003ch2 data-start=\"44\" data-end=\"125\"\u003e\u003cstrong data-start=\"50\" data-end=\"125\"\u003eBook Summary – \u003c\/strong\u003e\u003c\/h2\u003e\n\u003cp data-start=\"127\" data-end=\"203\"\u003e\u003cspan class=\"relative -mx-px my-[-0.2rem] rounded px-px py-[0.2rem] transition-colors duration-100 ease-in-out\"\u003eYefei Lu presents a detailed, case-study-driven examination of \u003cstrong data-start=\"63\" data-end=\"122\"\u003etwenty of Warren Buffett’s most significant investments\u003c\/strong\u003e spanning from the late 1950s through 2011, including holdings like Sanborn Map, See’s Candies, GEICO, Coca‑Cola, US Air, Wells Fargo, BNSF Railway, and IBM. Rather than offering a broad biography, Lu dissects each investment using original documents—like partnership letters, corporate reports, and industry data—to reconstruct the rationale that Buffett and his partners might have used at the time\u003c\/span\u003e .\u003c\/p\u003e\n\u003cp data-start=\"205\" data-end=\"242\"\u003e\u003cspan class=\"relative -mx-px my-[-0.2rem] rounded px-px py-[0.2rem] transition-colors duration-100 ease-in-out\"\u003eThe book is divided into three chronological sections:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul data-start=\"243\" data-end=\"405\"\u003e\n\u003cli data-start=\"243\" data-end=\"284\"\u003e\n\u003cp data-start=\"245\" data-end=\"284\"\u003e\u003cspan class=\"relative -mx-px my-[-0.2rem] rounded px-px py-[0.2rem] transition-colors duration-100 ease-in-out\"\u003e\u003cstrong data-start=\"0\" data-end=\"37\" data-is-only-node=\"\"\u003eThe Partnership Years (1957–1968)\u003c\/strong\u003e, covering early picks such as Sanborn Map, Dempster Mill, Texas National Petroleum, American Express, and Berkshire Hathaway itself.\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli data-start=\"285\" data-end=\"326\"\u003e\n\u003cp data-start=\"287\" data-end=\"326\"\u003e\u003cspan class=\"relative -mx-px my-[-0.2rem] rounded px-px py-[0.2rem] transition-colors duration-100 ease-in-out\"\u003e\u003cstrong data-start=\"0\" data-end=\"32\" data-is-only-node=\"\"\u003eThe Middle Years (1968–1990)\u003c\/strong\u003e, including National Indemnity, See’s Candies, Washington Post, and GEICO.\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli data-start=\"327\" data-end=\"405\"\u003e\n\u003cp data-start=\"329\" data-end=\"405\"\u003e\u003cspan class=\"relative -mx-px my-[-0.2rem] rounded px-px py-[0.2rem] transition-colors duration-100 ease-in-out\"\u003e\u003cstrong data-start=\"0\" data-end=\"30\" data-is-only-node=\"\"\u003eThe Late Years (1990–2011)\u003c\/strong\u003e, featuring investments in U.S. Air, Wells Fargo, IBM, Burlington Northern, and others\u003c\/span\u003e .\u003c\/p\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp data-start=\"407\" data-end=\"483\"\u003e\u003cspan class=\"relative -mx-px my-[-0.2rem] rounded px-px py-[0.2rem] transition-colors duration-100 ease-in-out\"\u003eLu applies a consistent methodological lens—discussing qualitative context and quantitative valuation (often EV\/EBIT)—to simulate what Buffett might have viewed in his analysis. He highlights Buffett’s evolving investment terrain: from deep-value bargains and activist stakes to selecting enduring businesses with durable moats. The final chapters synthesize broader lessons: Buffett’s preference for transparency, long-term compounding, and willingness to concentrate bets when the market misprices opportunity\u003c\/span\u003e \u003cspan class=\"\" data-state=\"closed\"\u003e\u003cspan class=\"ms-1 inline-flex max-w-full items-center relative top-[-0.094rem] animate-[show_150ms_ease-in]\"\u003e\u003ca href=\"https:\/\/www.publishersweekly.com\/978-0-231-16462-7?utm_source=chatgpt.com\" rel=\"noopener\" alt=\"https:\/\/www.publishersweekly.com\/978-0-231-16462-7?utm_source=chatgpt.com\" class=\"flex h-4.5 overflow-hidden rounded-xl px-2 text-[9px] font-medium text-token-text-secondary! bg-[#F4F4F4]! dark:bg-[#303030]! transition-colors duration-150 ease-in-out\" target=\"_blank\"\u003e\u003cspan class=\"relative start-0 bottom-0 flex h-full w-full items-center\"\u003e\u003cspan class=\"flex h-4 w-full items-center justify-between overflow-hidden\"\u003e\u003cspan class=\"max-w-full grow truncate overflow-hidden text-center\"\u003e\u003c\/span\u003e\u003c\/span\u003e\u003c\/span\u003e\u003c\/a\u003e\u003c\/span\u003e\u003c\/span\u003e.\u003c\/p\u003e\n\u003cp data-start=\"485\" data-end=\"565\"\u003e\u003cspan class=\"relative -mx-px my-[-0.2rem] rounded px-px py-[0.2rem] transition-colors duration-100 ease-in-out\"\u003eCritically, reviewers note that while Lu’s archival research and structured presentation are commendable, the book sometimes underplays Buffett’s failures or contexts—omitting notable missteps like Dexter Shoe or Tesco. Some case studies also vary in depth, leading analysts to suggest a shorter focused volume might have yielded deeper insights\u003c\/span\u003e.\u003c\/p\u003e\n\u003ch2 data-start=\"572\" data-end=\"609\"\u003e\u003cstrong data-start=\"578\" data-end=\"609\"\u003eAbout the Author – \u003c\/strong\u003e\u003c\/h2\u003e\n\u003cp data-start=\"611\" data-end=\"691\"\u003e\u003cspan class=\"relative -mx-px my-[-0.2rem] rounded px-px py-[0.2rem] transition-colors duration-100 ease-in-out\"\u003eYefei Lu is a Frankfurt‑based portfolio manager at Shareholder Value Management AG, specializing in value investing across regions and industries. Prior to his current role, he advised a single-family office in Munich and worked at McKinsey \u0026amp; Company in Berlin. He holds a B.Sc. in Economics from Stanford University and an MBA from London Business School, blending rigorous education with hands‑on experience in investing and consulting\u003c\/span\u003e\u003c\/p\u003e","brand":"Best of used books","offers":[{"title":"Used","offer_id":46537122480385,"sku":"2UMH0V8JL-Used","price":250.0,"currency_code":"INR","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0421\/4299\/0495\/files\/warrenn.webp?v=1693811334","url":"https:\/\/bestofusedbooks.com\/products\/inside-the-investments-of-warren-buffett","provider":"Best Of Used Books","version":"1.0","type":"link"}