hola2ng:

All in all -everything has been said.
We all still need to follow our own beliefs and principles.
If it works for Mr. A does not guarantee it would work for Mr. B

I dont agree with that statement.
In this life there are principle and laws that govern everything. All you have to do is work with a given principle and you will acheive the desired results.

.

Thanx all, this is very enlightening.

What would Warren do in the current bear market

@ Amjiving
Warren or any other long termer would seize hold of the opportunities presented by the bear market to offloads funds packed into other short term investments into value stocks.
That is why it is important for us to have access to cash.

@egoldman,
i saw ur post about first bank and dunlop,pls what can you asy about transcorp shares.

hey all, if you wanna talk about Warren Buffet the man, no problem. However, if u wanna talk about his investment technique then you've gotta take ur time. Some poster before said there r laws that govern things and my man Warren has summed up the laws that consistently work in any, i repeat, ANY equity market. Whether it's in Nigeria, Japan, USA, UK. His techniques work. But to fully understand his techniques you've gotta go back to his metor, a man called Benjamin Graham, who started the institution that evolved into today's CFA.

Anyways, if you want to learn a simple yet highly effective method of investing the Warren/Graham way, then you MUST read BUFFETLOGY. If you just wanna learn about the man's idiosncracies then the other biographies are okay. BUT if it's about how he invests then you have to read BUFFETOLOGY by Mary Clark, ADVANCED BUFFETOLOGY by the same author and lastly THE SMART INVESTOR by Benjamin Graham.

However, i warn you that these books require (especially the last one) require patience and commitment to long term value investing. Anyone read all these books yet?
Before anyone asks, you should be able to get Smart Investor and Advanced buffetology at Nu Metro or that Christian bookshop near Eko Hotel (V/I), i can't remember the name right now . I saw Advanced buffetology there.

recruiter1:

hey all, if you want to talk about Warren Buffet the man, no problem. However, if u want to talk about his investment technique then you've gotta take your time. Some poster before said there r laws that govern things and my man Warren has summed up the laws that consistently work in any, i repeat, ANY equity market. Whether it's in Nigeria, Japan, USA, UK. His techniques work. But to fully understand his techniques you've gotta go back to his metor, a man called Benjamin Graham, who started the institution that evolved into today's CFA.

Anyways, if you want to learn a simple yet highly effective method of investing the Warren/Graham way, then you MUST read BUFFETLOGY. If you just want to learn about the man's idiosncracies then the other biographies are okay. BUT if it's about how he invests then you have to read BUFFETOLOGY by Mary Clark, ADVANCED BUFFETOLOGY by the same author and lastly THE SMART INVESTOR by Benjamin Graham.

However, i warn you that these books require (especially the last one) require patience and commitment to long term value investing. Anyone read all these books yet?
Before anyone asks, you should be able to get Smart Investor and Advanced buffetology at Nu Metro or that Christian bookshop near Eko Hotel (V/I), i can't remember the name right now . I saw Advanced buffetology there.

I have Buffetology and I also have Benjamin Graham's intelligent investor ( thought I have not ye gotten round to reading it. ). Me, I am more interested in the man's investment technique, which have catapulted him to the no 1 position in the richest people 's list.
The bookshop you are refering to at V/I is Laterna Ventures. It is on Oko Awo street

mmm!

Great stock investor.

that man is a smart chap

i wonder what shares he may be buying now in this global meltdown?

My principles are not difficult to apply but the business world is full of impatient and obstinate investors who do not want to learn

your a buffet imposter?

Been ages I posted here.
With the benefit of hindsight can we analyse how successful our investment strategy has been

WBuffet:

My principles are not difficult to apply but the business world is full of impatient and obstinate investors who do not want to learn

lol

frankiriri:
Been ages I posted here.
With the benefit of hindsight can we analyse how successful our investment strategy has been

Nice idea sir