Reviews for Investing Without Borders: How Six Billion Investors Can Find Profits in the Global Economy

The average rating for Investing Without Borders: How Six Billion Investors Can Find Profits in the Global Economy based on 2 reviews is 4.5 stars.

Review # 1 was written on 2016-03-14 00:00:00 Johanna Schwartzkopf Great summary of what Buffett's investing philosophy is about. However the author is in love with Buffett and fails to assess Buffett's investing record with a critical eye. Not so successful investments like Netjets were favorably discussed. Saloman Brothers wasn't even mentioned throughout the book. You would think Buffett is flawless after reading this book, except he is not. There is more to be learnt from his mistakes than his successes. Interesting book overall, recommend that you read it in the library tho.

Review # 2 was written on 2017-10-17 00:00:00 Brent Matsen MAKE ONLY A LIMITED NUMBER OF STOCK MARKET DECISIONS IN YOUR LIFETIME. When a compensation plan is simple and focused dramatic results ensue. Look for companies in which CEO's own a significant interest in the company's stock and dont receive excessive compensation from the company, espectially through options = good alignment. WB combines the value investing principle of maintaining low downside risk but pairs it with the growth investing principle of putting money into companies with sustainable growth opportunities. One key trait that makes WB successful is his ability to focus. An investor can learn about a company's culture from its spending practices. Buying a retailer without good management is like buying the Eiffel tower without an elevator. You are better off with managers who are financially conservative in their own lives. Ignorance makes volatility your enemy, but knowledge makes it your friend. More often than not its a mistake to sell a monopoly or a growing company when you have become knowledgeable about the company and its products. If you are able to pinpoint undervalued/quality companies it may not matter if you are over-confident. Over-confidence by itself is not a bad human characteristic in picking stocks.