J.K. Lasser's Pick Stocks Like Warren Buffett

Cover......Page 1
Pick Stocks Like Warren Buffett......Page 4
Contents......Page 6
Introduction:What Investors Can Learn from Warren Buffett......Page 8
It’s Easy to Invest like Warren Buffett......Page 12
Buying Individual Stocks......Page 13
Getting Into Closed Funds......Page 14
Understanding R- Squared......Page 16
A Sensible Solution......Page 18
Soros’ Dilemma......Page 20
Getting to Warren......Page 22
Warren Wannabes......Page 23
Buffettology or Mythology?......Page 24
Why It’s So Hard to Beat an Index Fund......Page 26
Against Ostentation......Page 28
His Picture in the Paper......Page 29
A Telling Anecdote......Page 31
The Influence of Benjamin Graham......Page 34
History......Page 35
Tough Sledding......Page 36
Mr. Market......Page 37
Graham’s 10 Signs of a Bargain Stock......Page 38
Graham as a Writer......Page 39
GEICO......Page 40
Buffett on Graham......Page 41
Not That Fisher......Page 44
A Growth Investor......Page 45
Fisher’s 15 Questions......Page 47
Quotable......Page 48
When to Sell......Page 50
Things That Investors Should Not Do......Page 51
Fisher’s Advice for the Small Investor......Page 53
How to Find Growth Stocks......Page 54
Investing Differ......Page 56
Quite Different......Page 57
BookmarkTitle:......Page 0
Growth Versus Value Funds......Page 58
Typical Mistakes......Page 59
Easy Analysis......Page 60
White Oak Fund......Page 61
SteinRoe Young Investor......Page 62
Investing Principles......Page 64
Don’t Gamble......Page 66
Make Money with Less Risk......Page 68
Risk Aversion......Page 69
Buy Screaming Bargains......Page 72
Rules of Thumb......Page 73
Buy What You Know......Page 80
Staying out of Technology......Page 82
Do Your Homework......Page 84
A Gumshoe......Page 85
Be a Contrarian......Page 88
The Contrarian Personality......Page 90
Ignoring the Herd......Page 91
Government Employees Insurance Company......Page 94
The Washington Post Company......Page 95
Coca- Cola......Page 96
American Express......Page 97
Hire Good People......Page 102
Hire Warren Buffett......Page 104
People Buffett Has Admired......Page 105
Be an Investor, Not a Gunslinger......Page 108
The Bene . ts of Sitting Still......Page 109
Why Investors Become Gunslingers......Page 110
More Explanations......Page 111
Professional Advice......Page 119
More from Buffett on Buying to Hold......Page 121
The Gunslinger’s World......Page 123
Be Businesslike......Page 126
An Exception......Page 129
Admit Your Mistakes and Learn from Them......Page 132
Learning from Mistakes......Page 134
Avoid Common Mistakes......Page 138
Don’t Overdiversify......Page 146
A Look at Performance......Page 147
In Sum......Page 149
Quick Ways to Find Stocks That Buffett Might Buy......Page 152
Robert Hagstrom......Page 153
David Braverman......Page 154
William J. Ruane of Sequoia......Page 156
Questions and Answers......Page 160
Advice from Albert Hettinger of Lazard Freres......Page 162
Robert Hagstrom of Legg Mason Focus Trust......Page 164
Questions and Answers......Page 165
Basics......Page 166
Louis A. Simpson of Geico......Page 168
GEICO’s Recent Holdings......Page 171
Christopher Browne of Twenty, Browne......Page 172
Questions and Answers......Page 174
The American Value Fund......Page 179
Basics......Page 180
Martin J. Whitman of the Third Avenue Funds......Page 182
Questions and Answers......Page 184
Basics......Page 186
Walter Schloss of Walter & Edwin Schloss Associates......Page 188
Questions and Answers......Page 189
Robert Torray of the Torray Fund......Page 196
Modern Mistakes......Page 197
Compared with Buffett......Page 199
Not a Value Investor......Page 200
The High Expenses People Pay......Page 201
The Secret of His Success......Page 202
Patience Is a Virtue......Page 203
When to Sell......Page 204
Questions and Answers......Page 205
Unconventional Opinions......Page 206
Basics......Page 207
Edwin D. Walczak of Vontobel U.S. Value......Page 208
Questions and Answers......Page 210
More Questions and Answers......Page 212
Basics......Page 214
Questions and Answers......Page 216
Basics......Page 218
Michael Price of the Mutual Series Fund......Page 220
Questions and Answers......Page 226
Charles Royce......Page 232
Questions and Answers......Page 233
Remembering Bernard Baruch......Page 235
Agreeing with Buffett......Page 236
William Lippman and Bruce Baughman......Page 238
Colin C. Ferenbach......Page 241
Mario Gabelli......Page 243
Robert A. Olstein......Page 244
John Gunn......Page 245
Questions and Answers......Page 246
Traits of Superior Investors......Page 248
Buffett’s Investment Strategy......Page 250
Final Thoughts on Buffett......Page 251
Wanted: Cheap, Good Companies......Page 254
Berkshire’s Acquisition Criteria......Page 255
Berkshire Hathaway\'s Subsidiaries (2000)......Page 256
Quotations from the Chairman......Page 257
“ 65 Years on Wall Street......Page 266
Questions and Answers......Page 270
Martin Whitman on Value Versus Growth*......Page 276
A Weekend with the Wizard of Omaha: April 2001......Page 279
“ If You Own a Good Stock, Sit on It\" - Phil Carret......Page 285
Questions and Answers......Page 286
Glossary......Page 290
Index......Page 294