The Deals of Warren Buffett Volume 2
The Making of a Billionaire
By Glen Arnold
Jacket text
In this second volume of The Deals of Warren Buffett, the story continues as 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 instalment, 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 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 into The Deals of Warren Buffett!
About the author
Despite holding positions of Professor of Investment and Professor of Corporate Finance, Glen Arnold concluded that academic life was not nearly as much fun (nor as intellectually stimulating) as making money in the markets. As a wealthy investor in his fifties, he now spends most of his time running his equity portfolio from an office in the heart of rural Leicestershire, far from the noise of the City of London.
His main research focus explores the question, 'What works in investment?', drawing on the ideas of the great investors, academic discoveries and corporate strategic analysis - see www.glen-arnold-investments.co.uk. While he used to teach on this subject in the City, he would now rather concentrate on actual investment analysis, but does explain his investment choices and discusses investment ideas at newsletters.advfn.com/deepvalueshares.
He is the author of the UK's bestselling investment book and bestselling corporate finance textbook.
Media coverage
From Informed Choice Radio:
In the second volume of the book series, Glen describes how Warren Buffett made deals over the course of two decades as he became a billionaire. It’s arguably the most exciting stage of Buffett’s career, during which time shares in his business Berkshire Hathaway jumped 29-fold from $89 to $2,600.
From Master Investor:
Glen Arnold has once again managed to add more colour and depth to a subject which is already widely covered.
From Strictly Value:
The structure of each chapter follows the one used in the first volume. The author starts with key figures, provides background and analysis, and summarizes the learning points. What strikes me most is the importance Buffett puts in the people he invests with. The strong sense of partnership with people like Mrs. B and Tony… Read more »
From Entrepreneur Europe:
Warren Buffett famously consumes five cans of Coke a day. However, he drank Pepsi for nearly 50 years, and only switched sodas because an old neighbor intervened, Glen Arnold wrote in “The Deals of Warren Buffett Volume 2: The Making of a Billionaire.” “I’m one-quarter Coca-Cola,” the 89-year-old investor told Fortune in 2015, explaining the… Read more »
From Markets Insider:
Today, the business generates about $1.6 billion in sales and more than $80 million in after-tax profits, Glen Arnold estimates in “The Deals of Warren Buffett Volume 2: The Making of a Billionaire.”
From Sky Statement:
Warren Buffett tried to persuade Bill Gates to spend close to $400 million on an engagement ring, according to “The Deals of Warren Buffett Volume 2: The Making of a Billionaire.”
From INC.:
I first heard this story over the weekend. It appeared in a book last month called The Deals of Warren Buffett Vol. 2, and was cited on Business Insider. I downloaded the book to my Kindle and read most of it. It’s a bit dense, but filled with insight. I suspect you’ll be hearing more… Read more »
From Business Insider UK:
Warren Buffett tried to persuade Bill Gates to spend close to $400 million on an engagement ring, according to “The Deals of Warren Buffett Volume 2: The Making of a Billionaire.”
From Herald Journalism:
Warren Buffett famously consumes 5 cans of coke a day. However, he drank Pepsi for nearly 50 years, and only switched sodas because an old neighbor intervened, Glen Arnold wrote in “The Deals of Warren Buffett Volume 2: The Making of a Billionaire.”
Contents
Acknowledgements
The Origins of This Book Series
Preface
A Recap: How Warren Buffett Got to His First $100m
Investment 1 – GEICO
Investment 2 – Buffalo Evening News
Investment 3 – Nebraska Furniture Mart
Investment 4 – Capital Cities–ABC–Disney
Investment 5 – Scott Fetzer
Investment 6 – Fechheimer Brothers
Investment 7 – Salomon
Investment 8 – Coca-Cola
Investment 9 – Borsheims
Investment 10 – Gillette–Procter & Gamble–Duracell
A Distance Travelled
Notes
Index
| Published: | 19/11/2019 |
|---|---|
| Edition: | 1st |
| Pages: | 306 |
| Formats: | hardback - ISBN 9780857196477 ebook - ISBN 9780857196484 audio - ISBN 0000000000027 |
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