From his office in Omaha, Nebraska, without even the benefit of a computer, Warren Buffett has racked up an investment record that far surpasses his counterparts on Wall Street—or anyone else in the world, for that matter. While traditionally stock exchanges have returned about 11 percent annually in the past half century, Buffett's investments have by nearly 29 percent a year, solidifying Buffett's conglomerate holding company, Berkshire Hathaway, as the eighth-largest business in the world and netting him $44 billion along the way.
Despite this tremendous success, “the Oracle of Omaha” remains modest. He acknowledges that he has a unique ability to evaluate businesses, but he doesn’t feel entitled to the vast wealth that ability has earned him. Instead, he likes to say that he was born at the right place and time. This humility in the face of proven talent and innumerable wealth is part of what makes Buffett universally popular—he is one of the world's wealthiest men and yet he is still personable and relatable.
For the first time, the most thought-provoking and inspiring quotes from Buffett are now compiled in a single book. The Oracle Speaks: Warren Buffett in His Own Words is a comprehensive guidebook to the inner workings of the Berkshire Hathaway chairman. Hundreds of Buffett's best quotes, comprising thoughts on investing, Wall Street, business, politics, taxes, and life lessons, will provide the most intimate and direct look into the mind of a modern business icon and give readers enough counsel to last a lifetime.
Media outlets, financial advisers, politicians, and Americans from Main Street to Wall Street hang on every word Buffett speaks, hoping to gain valuable insight into Buffett's investments and successes. There is possibly no greater stamp of approval in the business world than to have Buffett invest in a company, and few leaders in the course of history have commanded such universally agreed-upon respect. Even beyond his business savvy, Buffett is influential as a progressive thinker and active philanthropist, having pledged to give most of his money to charity through the Bill and Melinda Gates Foundation as well as foundations run by his three children. It is this humility that consistently draws people to Buffett, and will draw people to The Oracle Speaks.
Most recently, inspired by Buffett's New York Times editorial in which he claimed he paid too little in taxes, President Barack Obama and Congress have named a series of tax reforms after Buffett. While the political implications have been controversial, Buffett has retained his reputation as an outspoken and successful business leader. The Oracle Speaks draws from decades of interviews, editorials, and annual shareholder reports, amassing the most complete outline of how Buffett believes a good business is run and a good life is led. It's advice that Buffett has successfully adhered to throughout his 80-plus years, and it is advice now available in the succinct, poignant, gift-friendly package of The Oracle Speaks.
The Oracle Speaks. This book is nothing like what I expected, but it was such an inspirational story. I should state that this is just a book of quotes from various interviews and statements, they are pieced together. If you are looking for more of a biography or audio biography this isn't the book for you. This is something I see a lot of readers being disappointed in. Most people are looking for investment strategies and financial insight. Instead, they get a book of quotes.
If you are thinking well this book has no point, you are wrong. Getting to analyze the way a successful man like him ticks is really useful. This shows more of the psychology behind his life. This is something that is rare to find. I am unsure if there is anything on the market, like this book.
“The sillier the market’s behavior, the greater the opportunity for the businesslike investor.”
Warren Buffet is a super successful business man. He has collected a grand sum thanks to his abilities to work wall street. It is an interesting look at his thought process. His quotes range from extremely thought provoking to sort of self-help statements.
“If Forbes would put a list of the 400 oldest Americans and I was on that one—that’s the list I really want to be on.”
The topics covered in this book range from life, investing, charity, family, and business. They are arranged in a way that keeps you interested. The quotes span the course of his life. Which allows you to see how his thoughts and feelings have changed.
There are many ways this book could be improved in many ways. First, if there was a commentary on the quotes, notes about topics he addressed. If many it included examples of things. These would round up the book.
Overall this is a great read for anyone interested in business, investing, or capitalism. This is something I will continue to read and look back on. I was provided this book by Agate Publishing in exchange for my honest and completely unbiased review. All thoughts and feelings are my own.
„Оракулът каза“ под редакцията на Дейвид Андрюс събира 250 фрази и цитати, които Бъфет е споделял в интервюта през последните близо 50 години. Въпреки че част от тях са посветени на успяването, инвестирането и правенето на бизнес, на практика откъсите разказват за самия Уорън Бъфет - неговите възгледи, пътеките, които е следвал, за да достигне пазарна капитализация от близо 44 млрд. долара на своя фонд Бъркшър Хатауей.
Тази книга не е за това как да забогатееш. „Оракулът каза“ е нещо много по-добро и от това да напишеш автобиография в края на дните си. Тя определя онзи Бъфет, когото хората са слушали и на когото са се възхищавали през годините.
Essential a condenser of the Intelligent Investor by Benjamin Graham, expect Chapters four and five, which focus on the personal characteristics needed to be an investor and be happy.
The simplest of quotes “draw a circle around the business’s that you understand and then eliminate those that fail to qualify on the basis of value, good management and limited exposure to hard times’’.
Never buy stock to sell!
This entire review has been hidden because of spoilers.
It was an absolute treasure trove to have so many of his quotes compiled by theme. Everything from personal investing, Macroeconomics, Government, and his views on one's own personal life are all covered. His comments about the Financial Crisis/Great Recession and Globalization were my favorite.
I was really hoping to read a book with investment strategies and insights. Instead I got a book with excerpts from interviews, newsletters and public speaking engagements.
Easy to read. I recommend it if you are just getting into Warren Buffett. Long list of references in the back to continue learning about this amazing man.
Loved this book. Full of wisdom and treasure quotes. For all warren buffet fans. The man is so simple and honest and makes so much sense. He is so ordinary that makes him extraordinary