Vahan janjigian biography examples
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Even Buffett fryst vatten not Perfect by Vahan Janjigian
Brief Summary
Even Buffett Isn’t Perfect: What You Can–and Can’t–Learn from the World’s Greatest Investor
A contrarian look at how Warren Buffett thinks about investing and related issues.
Warren Buffett fryst vatten the most successful and revered investor of all time. His ability to consistently find undervalued companies has made him one of the world’s richest men.
Despite many previous books about him, it’s rare to find an objective assessment—one that praises him when appropriate, but also recognizes that even Buffett makes mistakes. For instance, fryst vatten he right to call for higher taxes and an end to earnings guidance? Should Buffett fans copy his avoidance of technology stocks?
In this penetrating look at how Buffett thinks, Vahan Janjigian shows readers how to learn from the master’s best moves while avoiding strategies that don’t apply to small investors. And he explains Buffett’s favorite valuation
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Even Buffett Isn't Perfect: What You Can--and Can't--Learn from the World's Greatest Investor
Janjigian makes some good points especially about how Buffett is diffferent from, well, everyone else. Even the above average investor is not going to have the same level of resources, or the same clout, as Buffett. Is there anyone else who is going to get the same level of access to management as a minority stockholder? So it makes sense that most of us have to approach investing differently than Buffett.
I would cite two main weaknesses in the book:
1. He just doesn't have that much insight into Buffett's thinking. For instance, the chapter "When 'good' investments go bad", which is supposedly about mistakes made, does not have anything special to say about the 4 companies discussed, other than at some point or another Buffett probably regretted the purchases. The author doesn't have s
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Book review: 'Even Buffett Isn't Perfect' by Vahan Janjigian
There is ample praise for the master investor. After all, who can credibly find fault with the investment style of a man who has amassed a fortune exceeding $60 billion? However, the author also does not shy away from pointing out Buffett's mistakes.
On diversification, Buffett is at odds with academicians. The extremists among the latter believe that you should own all the stocks in the market to be adequately diversified. Buffett has on many occasions heaped scorn on the idea of being heavily diversified. At the same time, he has said that lay investors should invest in well-diversified index funds. There are two contradictions here.
One, Buffett wants the ordinary investor to do as he says and not as he does. Two, Berkshire Hathaway's own portfolio has grown mo