Mary and Sean walk you through the process of assessing and buying stocks step-by-step. Their friendly and direct style and concrete examples make it easy to understand how to avoid common pitfalls and prosper in the stock market. The first section of the book discusses habits to adopt to begin a lifelong journey of wealth building. The second section examines specific stock-picking techniques inspired by Buffet's teacher, Benjamin Graham, and that are vastly different from the common Wall Street wisdom of trying to time the market. The authors look at timeless principles as well as the latest ideas on where to find great investment ideas, and they share the specific financial indicators they look for in a good investment. Finally, Mary and Sean explain how to build and track a portfolio of stocks.
From learning how to read financial statements to preparing both personal and professional balance sheets. '7 Secrets to Investing Like Warren Buffet' is a must-have companion for every investor. Simple questionnaires, charts, and graphs help illustrate specific strategies. The authors' personal stories provide a clear explanation of the theory behind value investing as well as advice for developing the necessary "soft skills" - habits, mindset, loving what you do, taking care of your mind and body - that have made Warren Buffet and many others so successful.
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