{"product_id":"the-warren-buffett-portfolio-25th-anniversary-edition-a-wiley-investment-classic-hardcover","title":"The Warren Buffett Portfolio, 25th Anniversary Edition, A Wiley Investment Classic (Hardcover)","description":"\u003cp class=\"MsoNormal\"\u003e\u003cb\u003eCelebrates 25 years of Buffett’s focus investing strategy\nwith fresh insights for today’s investors\u003c\/b\u003e\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp class=\"MsoNormal\"\u003eFor more than two decades, \u003ci\u003eThe Warren Buffett\nPortfolio\u003c\/i\u003e has guided investors toward mastering the art of focus\ninvesting―a strategy that concentrates on a select group of superior businesses\nrather than spreading resources thin across countless holdings. With the\nrelease of the \u003ci\u003e25th Anniversary Edition\u003c\/i\u003e, Robert G. Hagstrom, one of\nthe most respected interpreters of Warren Buffett’s investment philosophy,\noffers fresh insights into why concentrated portfolios remain the key to\nlong-term wealth creation, even in today’s volatile markets. This updated edition\naddresses the limitations of conventional portfolio theory and challenges\nreaders to rethink risk, diversification, and market efficiency through the\nlens of Buffett’s remarkable success.\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp class=\"MsoNormal\"\u003eHagstrom expands the original work with powerful new\nmaterial that reflects what he has learned since introducing the concept of\nfocus investing. New chapters explore the philosophy of focus investing\nincluding a deeper exploration of Charlie Munger’s “Art of Achieving Worldly\nWisdom.” In addition, there are new chapters on the mathematics of focus\ninvesting, psychology of focus investing and how to think about the structure\nof markets.\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp class=\"MsoNormal\"\u003eEquipping investors at every level with the tools, models,\nand mental framework needed to build portfolios capable of outperforming the\nmarket over time, The Warren Buffett Portfolio, 25th Anniversary Edition:\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cul style=\"margin-top:0cm\" type=\"disc\"\u003e\n \u003cli class=\"MsoNormal\"\u003eCompares\n     modern portfolio theory with Buffett’s alternative view of risk and\n     portfolio management.\u003cp\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n \u003cli class=\"MsoNormal\"\u003eProvides\n     update analysis of “Superinvestors of Buffettville.”\u003cp\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n \u003cli class=\"MsoNormal\"\u003eExplains\n     probability theory and how to apply to investing, Kelly Optimization\n     Model, high active share investing, frequency versus magnitude, sideways\n     markets, trends of the system versus trends in the system.\u003cp\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n \u003cli class=\"MsoNormal\"\u003eExplores\n     the psychology of investing through the insights of myopic loss aversion,\n     the fallacy of risk tolerance questionnaires, System 1 and System 2\n     thinking, and the psychology of misjudgment models.\u003cp\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n \u003cli class=\"MsoNormal\"\u003eTutors\n     readers on how to build a latticework of mental models explaining the core\n     models of rationality, pragmatism, philosophy of language, self-reliance,\n     physics model of equilibrium along the side the biological model of\n     evolution and adaptation.\u003cp\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n \u003cli class=\"MsoNormal\"\u003ePresents\n     new frameworks for how to think about market prices and the changing\n     structure of markets, patience premium, wisdom of crowds and diversity\n     breakdowns.\u003cp\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n \u003cli class=\"MsoNormal\"\u003eOffers\n     a fresh, new approach to investing called “business-driven investing”\n     designed for achieving and compounding long-term growth.\u003cp\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\u003cp class=\"MsoNormal\"\u003eCombining rigorous analysis with practical guidance, \u003ci\u003eThe\nWarren Buffett Portfolio: Mastering the Power of the Focus Investment Strategy,\n25th Anniversary Edition, \u003c\/i\u003eis essential reading for undergraduate and\ngraduate students in finance, economics, and investment management courses,\nespecially within MBA and CFA programs. It also serves as a trusted reference\nfor professional investors, portfolio managers, and financial advisors seeking\nto refine their strategies and achieve superior results.\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp class=\"MsoNormal\"\u003e\u003cb\u003eAbout the Author\u003c\/b\u003e\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u003c\/p\u003e\u003cp class=\"MsoNormal\"\u003e\u003cb\u003eROBERT G. HAGSTROM, CFA, \u003c\/b\u003eis Chief Investment\nOfficer of Equity Compass Investment Management, LLC, and Senior Portfolio\nManager of the Global Leaders Portfolio. With more than 40 years of investment\nexperience, Hagstrom has tracked Warren Buffett’s investment philosophy since\n1984. His three books on Buffett have sold over one million copies worldwide\nand have been translated into 18 languages.\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e","brand":"JOHN WILEY \u0026 SONS SINGAPORE","offers":[{"title":"Default Title","offer_id":45280910180559,"sku":"9781394395736","price":45.73,"currency_code":"SGD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0574\/5662\/3823\/files\/download_b3921481-d2b7-4689-9da9-315d59763783.jpg?v=1782090831","url":"https:\/\/popular.com.sg\/products\/the-warren-buffett-portfolio-25th-anniversary-edition-a-wiley-investment-classic-hardcover","provider":"Popular Book Company Pte Ltd","version":"1.0","type":"link"}