Monday, May 12, 2008
Book Review : Buffetology - Mary Buffet and David Clark
In contrast to How buffet does it, this book was a big let down. It has two parts, one about the philosophy and the qualitaitve part and the other advanced buffetology which has some number work done. It is a 319 page book but doesn't give you any thing other than the same thing Pardoe says in 150 pages. The so called quantative part and advanced buffetology is at best something lifted from a basic / entry level finance text book. NPV calculation, calculaing expected values and P/E multiples etc. It was a major let down.