Warren Buffett’s 3 Favorite Books: A guide to The Intelligent Investor, Security Analysis, and The Wealth of Nations (Warren Buffett's 3 Favorite Books Book 1) Kindle Edition

This is a great starter book to investing and understanding stocks. I enjoyed reading it. Would recommend to anyone interested in investing.

Excellent condition. Interesting read.

Yes, the title and marketing posture is shamelessly mercenary, calculated to cash-in on the Buffet name and brand.Yes, the first section really and truly is about a kid running a lemonade stand.But.I'm glad I bought and read the book.Surprisingly, given the bait and switch of using Buffet's name and branding and given that his three "favorite" books are barely mentioned, their content not delved into, and serve only as launching points -- the author has written an honest and sincere book.I'll repeat that: This is an honest and sincere book.And useful.If, like me, you grew up without anyone actually TEACHING you about money, let alone stocks and bonds, the extended and hookey lemonade stand metaphor actually works. You WILL learn the fundamentals of stocks and bonds by examining the kid's adventures in retailing lemonade. (Our schools still do not teach students about money. Osmosis is good for nourishing plants, but if you really want to help people avoid poverty and pain and dependency, teach them about money; what it is, why it is, how it can be used. This author seems to be attempting to do just that, and for those well-intentioned reasons.)The author does the math, and breaks it down so you can do the math on yor own. You could of course read Graham's classic, The Intelligent Investor, and do the math on your own. But gee whiz, it is always easier faster and more efficient if you have a decent teacher to help you. And, if you're like me, you can read through the whole book (it's not too long) and then go back and do the math, applying it to the real world of companies you're considering investing in. (I do think it would be best to read Graham's Intelligent Investor BEFORE reading this book. Going to the source text first is almost always better than reading what has been derived from that source.)All of this is my longwinded way of saying, if you are hesitating and not sure if you should buy this book, go ahead. Put aside its used car salesman title/marketing. The content (the author's work) is forthright, honest, transparent. (Besides, you have 14 days to return the book for a refund if your experience is different from mine!So what's to worry? Go for it. ;-)PS: I haven't tried his videos yet, but probably will.

Pysh has created more than a book here. He has architected an informational community to smash the fears of investing that so many people have with a hammer of data, numbers and process that I personally was looking for. My biggest comment for potential readers like you is that you cannot only read this book if you expect to fully learn and undergo the phenomenal informational deep-dive that Pysh presents. You must take the time to read each chapter, follow up with each of the free videos that go through further explanation of the chapter, do the free exercises and examples, and use the free website for further information. This will take A LOT of time, but it's worth it. For many, taking meticulous notes may be a really good idea to centralize the key teachings they need. The free site also has a great discussion forum that is pretty active and gives even more information for people to develop a progressive understanding of the investment strategies. I want to underscore that all of this additional information on Pysh's site is FREE and work with the content in the book. You do not have to pay for anything, and there are no subscriptions.Having read many investment books in the past, this has been the best one. If you want quantitative facts and a desire to learn about what all the ratios mean that investors use, how they interact with one another, the importance of bonds, and more importantly how much publicly reported business financials inform, this is the book to go with. Yes, the issues with typos mentioned in some of the comments are true, and it made me skeptical about the attention to detail of the author at first. Though there aren't many typos, hopefully Pysh will have an opportunity to edit a second edition. I also read a comment here that Pysh isn't an academician or economist, so why should he be an expert or write this book. As a regular-Joe investor, I appreciate that Pysh learned this all on his own, tested and prodded the process he made, and connected the investment strategies of Buffett with those he teaches. It's what makes him be able to explain everything in methodical, simple ways so that people can understand them. For me, that speaks volumes about the credibility he brings.This book is so worth your money, as is the time you put into taking advantages of the supplemental information on Pysh's site that go with it.

A great book into the world of understanding numbers underlying business performance. The author has done a remarkable job of simplifying the complex world of value investing and security analysis for the layman. Book provides an overview of basic financial instruments such as Bonds, Stocks, Funds, and Indexes as well as goes into detail of how to calculate a business' intrinsic value. In addition, author also suggests benchmark values for key performance ratios such as a less than 15 for PE ratio, a <0.5 for D/E ratio, an expected 7% or more YOY increase on BV (per share), a <1.5 for current ratio and others. Besides helping the reader understand the world of investing, share mechanisms for making money, the book also urges - albeit very briefly - the reader to understand why make a lot of money and what it may mean to others who do not have as much. Author also provides videos to explain all the concepts in the book on his website, which further solidify learning.The reason for giving this book one star short of five is that the author relied heavily on the layout of MSN Money website, which seems to have changed significantly since the publication of this book. There is no longer a navigation bar on the left hand side nor could I find a 10 year summary for various ratios on the site. I find it shortsighted on author's part to write a long lasting document against a short lived website design. Other than that, this book is really good.

This is fuill of all you need to start analysing companies reports and assessing whether the share price and future of the business is worth an investment. Teaches you how to do your homework. You shouldn't even consider buying or trading shares before reading this. No other books needed. Buy it. Don't lend it out - I'm on my fourth coipy.

i enjoyed reading this book. i had read the intelligent investor but found most of it complicated and confusing. the authors explanation of concepts from that book and others i had no idea about has made it easier to understand i'll definitely be reading this again and practising some of this concepts.

Possibly the best book to start with if your interested in stocks.

Poor writing skills and unnecessary references to videos. If I'd wanted to watch videos I'd buy video course. I guess, I'd prefer that instead of this book.

I found it really easy to read, very clear and helpful, quite easy explanation of how to calculate intristic value.