The Deals of Warren Buffett Volume 2: The Making of a Billionaire

The Deals of Warren Buffett #2

by Glen Arnold

In this second volume of The Deals of Warren Buffett, the story continues and we trace Warren Buffett's journey to his first $1bn. When we left Buffett at the end of Volume 1, he had reached a fortune of $100m. In this enthralling next part in the series, we follow Buffett's investment deals over two more decades as he became a billionaire.

This is the most exhilarating period of Buffett's career, where he found gem after gem in both the stock market and among tightly-run family firms with excellent economic franchises. In this period, Berkshire Hathaway shares jumped 29-fold from $89 to $2,600, while Buffett made investments in the following companies:

GEICO, Buffalo Evening News, Nebraska Furniture Mart, Capital Cities, ABC, Disney, Fechheimer Brothers, Scott and Fetzer, Solomon Brothers, Coca-Cola, Borsheims, Gillette, Procter & Gamble, and Duracell

For each of these deals, investing expert and Buffett historian Glen Arnold delves into unprecedented detail to analyse the investment process and the stories of the individuals involved. Arnold's engaging, lucid style transports the reader to the time and place of the deals, to truly appreciate how Buffett was operating.

With stories and analysis drawn from decades of investing experience, join Glen Arnold and delve deeper in The Deals of Warren Buffett!

Genres: Finance, Business, Biography, Economics

306 pages, Hardcover

Published November 19, 2019

About the author

Glen Arnold is a businessman, investor and professor of investment at the University of Salford. He is the author of numerous finance and investing books.

Reviews

[Ric · Rating 5 out of 5]

The book is interesting to read, drowned out by the amazing stories in each chapter (each company). Each chapter provides background on Berkshire Hathaway and the company's management team, their problems, and ultimately their success, which makes this book comprehensive and enjoyable to read. Completed as perfectly as the first volume, I can't wait to read the third volume.

[Mahir · Rating 5 out of 5]

Great overview of the defining deals (P&G, Solomon Brothers, Duracell) that define BH today. Arnold goes into tremendous detail to explain the rationale behind deals, interweaving annual reports, interviews, and newspaper articles to reverse engineer Warren's (and Charlie's!) mind. Quick read, mildly verbose, but an incredible overview into quality value investing.

[Ugh · Rating 4 out of 5]

Closer to how I felt about volume 3 than volume 4. There's a decent amount of financial data on most of the deals and some nice added context and explanation, although I thought a little too much historical narrative at times, e.g. about Gilette and Coke. But then I have read an entire book about Coke, so maybe others would welcome that detail.

[Hiệp Lê Tuấn · Rating 5 out of 5]

Đây là cuốn thứ 2 trong tập sách viết về những thương vụ Warren Buffett của Glen. Cách tác giả phân tích lý do, đi sâu vào nguyên nhân thành công rất hay và dễ hiểu. Chờ đợi cuốn thứ 3 được dịch sang tiếng Việt.

[Eddie Reilly · Rating 4 out of 5]

Easy and light read.

[Alessandro Orlandi · Rating 4 out of 5]

Interesting, nothing new though if you already read the story.

[Konstantin Magaletskyi · Rating 5 out of 5]

Great book

One of the rAre books about Warren Buffet in which can get lots of financial details and explanations of the rationale for the deals

[Autresa KN · Rating 4 out of 5]

Good insight!

[Manu Datta · Rating 4 out of 5]

There is not much more you can want to read than dissections of the greatest trades of the greatest investor there ever has been.

This makes easy access to his trades in Cococola, Gillette , Disney and many more. A fascinating read with many lessons for the ordinary enterprising investor.

[Vũ Phạm · Rating 5 out of 5]

That's an amazing book. I have read it two times in the last year and enjoyed it. Therefore, I will read it again and again soon. Glen Arnold is a shareholder of Berkshires and he had an inside view of many decisions of Munger and Buffet throughout many years. Valuable information I was given from reading again this book ( Incentives system types, how to analyze the truth development of business and think again many my important decisions and observations.