Tuesday, August 9, 2011

Buy New The Four Filters Invention of Warren Buffett and Charlie Munger

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The Four Filters Invention of Warren Buffett and Charlie Munger
The Four Filters Invention of Warren Buffett and Charlie Munger
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The Four Filters Invention of Warren Buffett and Charlie Munger Description

This book examines each of the basic steps Buffett and Munger use in "framing and making" an investment decision. It is a focused look into an amazing invention within "Behavioral Finance." In the authors opinion, the genius of Buffett and Munger's four filters process was to "capture all the important stakeholders" in a four cluster process. Imagine...Products, Enduring Customers, Managers, and Margin-of-Safety... all in one mixed "qualitative + quantitative" formula.
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