Elena Vladimirovna Chirkova «Warren Buffet’s Philosophy of Investment or What facts are concealed by his biographers» (M.: «Alpina Business Books», 2008)

This book examines the reasons which led to the success of the founder of Berkshire Hathaway – Warren Buffet.

The main character of Elena Vladimirovna Chirkova’ s book is the «today’s guru of financial investment» — Warren Buffet. His secret is revealed by analysis of his public speeches and publications, his annual messages to shareholders of his company — Berkshire Hathaway-, the works of his renowned tutors and the works by his numerous biographers and followers and articles in the media.

The Authors touches upon the issue how the concepts of Warren Buffet emerged, his approach to selection of assets for investment, his principles of investment thoroughly elaborated during his lifetime and their application in real life, his relations with former owners of the purchased companies, M&A strategy, management strategies, the contribution of psychology and image to the success, his attitude to advertisement and self-PR, his views on wealth and many other issues.

The book includes many interesting stories on acquisition of companies and assets in different sectors of industry, his achievements and failures. Includes extensive quotations from Warren Buffet.

The book is recommended for investors, financial analysts, company managers, businessmen, professors of finance and for those interested in investment.