Playing the Winner's Game: Think, Act and Invest Like Warren Buffet

by Larry E. Swedroe

148 pages, Paperback

Published January 1, 2013

Reviews

[LILYS ITCHING BALLS · Rating 4 out of 5]

Although I’ve read many books about financial history, econ, investing, etc. This book still had many great points that were very helpful.

Some great advice I got were;
1. you need an investment plan
2. diversification is not owning 10 large cap stocks, but rather spreading it through different asset classes
3. you must consider how the new secure you bought will effect your portfolio and future returns
4. Create an Investment Policy Statement (how much you want to distribute monthly/weekly/ annually, specific goals, risk, etc)
5. The longer your horizon (how long you want to hold your stock) the higher the return, but this doesn’t mean risk will be eliminated.
6. Take great care of your top portfolio
7. Have a strong knowledge of financial history
8. Never invest in any security unless you fully understand the nature of all of the risks.
9. Never take stock advices from news media, specially CBC news.
10. The more complex the investment, the faster you should run away.

[Reese Vedder · Rating 5 out of 5]

Concise and informative. Now to figure out how to put it all into action.

[Gavin · Rating 4 out of 5]

Quick read on the basics of passive investing. Good chapter on tax reduction strategies, reallocation.

[Emily Badin · Rating 4 out of 5]

This is a great quick read for beginner investing and setting up your portfolio. I genuinely will use these tips!