J.K. Lasser's Pick Stocks Like Warren Buffett

by Warren Boroson (Morristown Daily Record, Morristown, New Jersey and SAGE/America Online)

• ISBN13: 9780471397748
• ISBN10: 0471397741
• Format: Paperback
• Copyright: 2001-10-01
• Publisher: Wiley

Summary

The most trusted name in tax! April 15th comes once a year. But the new tax laws will change the way we save and plan our financial affairs all year-round. That's why J.K. Lasser provides a comprehensive library of smart financial planning and investing advice for all your needs-for tax season and beyond. J.K. Lasser's Your Income Tax 2002 and J.K. Lasser's Year-Round Tax Strategies 2002 give early planners a head start on understanding the new tax regulations and preparing for filing the return on April 15th. And Lasser's personal finance guides help you make the most of your money from every angle. Consider it total care for your wealth and financial well-being, 365 days a year.

Author Biography

WARREN BOROSON is a syndicated financial columnist with the (Morristown) Daily Record, a Gannett newspaper, in New Jersey. He also answers mutual fund questions at AllExperts.com. Boroson was a senior financial editor at Sylvia Porter’s Personal Finance Magazine and a staff writer for Money magazine. Among the twenty-two books he has written are The Ultimate Mutual Fund Guide and How to Buy a House with No (or Little) Money Down. He teaches courses on Warren Buffett and mutual funds at the New School University in New York City.

Table of Contents

Introduction: What Investors Can Learn from Warren Buffett	vii
It's Easy to Invest Like Warren Buffett	1	(8)
The Achievement of Warren Buffett	9	(8)
Buffett: A Life in the Stock Market	17	(6)
The Influence of Benjamin Graham	23	(10)
The Influence of Philip Fisher	33	(12)
How Value and Growth Investing Differ	45	(8)
Buffett's 12 Investing Principles	53	(2)
Don't Gamble	55	(6)
Buy Screaming Bargains	61	(8)
Buy What You Know	69	(4)
Do Your Homework	73	(4)
Be a Contrarian	77	(6)
Buy Wonderful Companies	83	(8)
Hire Good People	91	(6)
Be an Investor, Not a Gunslinger	97	(18)
Be Businesslike	115	(6)
Admit Your Mistakes and Learn from Them	121	(6)
Avoid Common Mistakes	127	(8)
Don't Overdiversify	135	(6)
Quick Ways to Find Stocks That Buffett Might Buy	141	(4)
William J. Ruane of Sequoia	145	(8)
Robert Hagstrom of Legg Mason Focus Trust	153	(4)
Louis A. Simpson of GEICO	157	(4)
Christopher Browne of Tweedy, Browne	161	(10)
Martin J. Whitman of the Third Avenue Funds	171	(6)
Walter Schloss of Walter & Edwin Schloss Associates	177	(8)
Robert Torray of the Torray Fund	185	(12)
Edwin D. Walczak of Vontobel U.S. Value	197	(8)
James Gipson of the Clipper Fund	205	(4)
Michael Price of the Mutual Series Fund	209	(12)
A Variety of Other Value Investors	221	(16)
Putting Everything Together	237	(6)
Appendix 1 Wanted: Cheap, Good Companies	243	(2)
Appendix 2 Berkshire Hathaway's Subsidiaries (2000)	245	(1)
Appendix 3 Quotations from the Chairman	246	(9)
Appendix 4 ``65 Years on Wall Street''	255	(10)
Appendix 5 Martin Whitman on Value Versus Growth	265	(3)
Appendix 6 A Weekend with the Wizard of Omaha: April 2001	268	(6)
Appendix 7 ``If You Own a Good Stock, Sit on It. ''-Phil Carret	274	(5)
Glossary	279	(4)
Index	283