Why Must Read Buffettology: The Previously Unexplained Techniques That Have Made Warren Buffett The Worlds?

PRO -- If you don't want to read Graham's books, then this is a high-level short-cut to the nuts and bolts of Buffett's investment analysis model. More specifically how it evolved overtime. While Mary did state that she was going to repeat a lot of material to help those who need it to learn key points -- knowing that this is her style of writing will help you skim through the book a little bit faster. CON -- There are some spelling, sentence structure errors, as well as page numbering in the Table of Contents is definitely off -- other than that I would classify these items as a "slight irritation" -- forgiveness is good. If you are a detail-oriented I would say -- "just let it go" -- otherwise it might derail you from the message, as it tried to do with me. OVERALL -- I learned some new key insights and these have certainly helped me to look at investing in a different light. Such as, the priority order of key management principles that can tell you if management is shareholder focused or not. Thinking through the concept that management capability takes a backseat to having a solid economic foundation, was an obvious, but certainly overlooked, concept it seems by market players. Following a solid foundation of retained earnings, repurchasing shares and then dividends, all of which are based on Return on Equity, to the degree they increase shareholder value. One unexpected insight from the financial analysis mechanics for me is that it made me think about my mindset regarding even simple day-to-day expenditures and investments of my time. Applying the RoE model to daily life as well revealed that there are certainly areas where I could get a better return -- or at least the awareness that I may not even know my current RoE. KNOWLEDGE CANNOT BE UNLEARNED The odd thing about knowledge is that once you know it, it's difficult to un-learn. You may choose not to use it, but its difficult to not have it popup in your head during your thinking. Therefore, one is forever shaped by the continual presence of new knowledge. This can impact one's decisions, or at the very least, it can alter one's processing. While this book may not be life-altering for you it may set you on a different life path trajectory (if only by one degree) -- which in turn may change where you ultimately land. Enjoy!