#624
Mentioned in 6 episodes
The Warren Buffett portfolio
Mastering the Power of the Focus Investment Strategy
Book • 1999
This book introduces the concept of focus investing, a strategy that has historically outperformed the market.
Hagstrom explains how to build and manage a concentrated portfolio, similar to Warren Buffett's approach.
He demonstrates how to select a few outstanding companies with high probability of continued strong performance and how to allocate investment funds proportionately.
The book also delves into the intellectual framework for managing such a portfolio, including understanding price volatility, market psychology, and the importance of intellectual fortitude.
It serves as a companion to Hagstrom's earlier work, 'The Warren Buffett Way', by providing tools for organizing and managing a focus portfolio.
Hagstrom explains how to build and manage a concentrated portfolio, similar to Warren Buffett's approach.
He demonstrates how to select a few outstanding companies with high probability of continued strong performance and how to allocate investment funds proportionately.
The book also delves into the intellectual framework for managing such a portfolio, including understanding price volatility, market psychology, and the importance of intellectual fortitude.
It serves as a companion to Hagstrom's earlier work, 'The Warren Buffett Way', by providing tools for organizing and managing a focus portfolio.
Mentioned by
Mentioned in 6 episodes
Mentioned by Charlie Munger as a well-written book on Warren Buffett and the investment process.
4,694 snips
#380 Four Hundred Pages of Warren Buffett and Charlie Munger In Their Own Words
Recommended by Charlie Munger as a book written by a friend.
78 snips
TIP718: Buffett & Munger Unscripted by Alex Morris
Charlie Munger recommended buying this book, praising its insights.
60 snips
Buffett Does It. Most Value Investors Don’t | Robert Hagstrom on the Real Key to Compounding [Excess Returns Podcast]
Mentioned by 
Kyle Grieve , highlighting the book's insights on conviction, portfolio concentration, and long-term orientation.
Kyle Grieve , highlighting the book's insights on conviction, portfolio concentration, and long-term orientation.
TIP613: Stock Market Basics & Financial Independence w/ Clay Finck & Kyle Grieve
Mentioned by Robert Hagstrom as a book he wrote where Charlie Munger praised his insights.
Buffett Does It. Most Value Investors Don’t | Robert Hagstrom on the Real Key to Compounding
