Comments on: Now Available: The Four Filters Invention of Warren Buffett and Charlie Munger http://www.fatpitchfinancials.com/805/now-available-the-four-filters-invention-of-warren-buffett-and-charlie-munger/ Special situation stocks and value investing Sun, 07 Sep 2008 16:53:48 +0000 http://wordpress.org/?v=2.6.1 By: Bud http://www.fatpitchfinancials.com/805/now-available-the-four-filters-invention-of-warren-buffett-and-charlie-munger/#comment-305377 Bud Mon, 25 Aug 2008 14:39:04 +0000 http://www.fatpitchfinancials.com/805/now-available-the-four-filters-invention-of-warren-buffett-and-charlie-munger/#comment-305377 The Four Filters Invention of Warren Buffett and Charlie Munger link to amazon.com site for the book: http://www.amazon.com/gp/product/0615241298 . The Four Filters Invention of Warren Buffett and Charlie Munger

link to amazon.com site for the book:

http://www.amazon.com/gp/product/0615241298

.

]]> By: Bud Labitan http://www.fatpitchfinancials.com/805/now-available-the-four-filters-invention-of-warren-buffett-and-charlie-munger/#comment-243471 Bud Labitan Thu, 01 May 2008 21:20:37 +0000 http://www.fatpitchfinancials.com/805/now-available-the-four-filters-invention-of-warren-buffett-and-charlie-munger/#comment-243471 Thanks to those of you who have ordered my book. Like any book, it will have to stand or fall on its own merits. But, I think you will like it. I tried to keep the foundation of the book true to the Graham Buffett Munger style of investing, while building a story of how this unique "four filters formula" could have evolved from the early use of checklists by Phil Carret and Phil Fisher. Those familiar with the story will also appreciate and better understand the intellectual contributions of Munger in this book. Those of you who are students of Behavioral Finance will appreciate the efforts to explain why Buffett and Munger bat at a higher long term average than the rest. In simple terms, if we could all eliminate 99% of all suboptimal investments on a normal distribution, we would be left with the best 1%. Furthermore, if we could buy a steady quality grower of 7% at a 50% bargain, we would end up with an effective yield of 14.68% per year after 10 years. I had a contract offer to publish with a major N.J. book publisher. However, they wanted to change the book and drop Charlie Munger and "Four Filters" from the title. This along with plans to expand and dilute the prose was too much nonsense and twaddle for this first time author to bear. So, like it or not, this is the work that this author intended, lean and valuable... the new standard in "intelligent investing" that examines the four filters process and innovation of Buffett and Munger. After you read it, you may be convinced that Munger and Buffett deserve a Nobel Prize in Economics for their contributions to Behavioral Finance. Just ask Takemura and Thaler... Thanks to those of you who have ordered my book. Like any book, it will have to stand or fall on its own merits. But, I think you will like it. I tried to keep the foundation of the book true to the Graham Buffett Munger style of investing, while building a story of how this unique “four filters formula” could have evolved from the early use of checklists by Phil Carret and Phil Fisher.

Those familiar with the story will also appreciate and better understand the intellectual contributions of Munger in this book. Those of you who are students of Behavioral Finance will appreciate the efforts to explain why Buffett and Munger bat at a higher long term average than the rest.

In simple terms, if we could all eliminate 99% of all suboptimal investments on a normal distribution, we would be left with the best 1%. Furthermore, if we could buy a steady quality grower of 7% at a 50% bargain, we would end up with an effective yield of 14.68% per year after 10 years.

I had a contract offer to publish with a major N.J. book publisher. However, they wanted to change the book and drop Charlie Munger and “Four Filters” from the title. This along with plans to expand and dilute the prose was too much nonsense and twaddle for this first time author to bear. So, like it or not, this is the work that this author intended, lean and valuable… the new standard in “intelligent investing” that examines the four filters process and innovation of Buffett and Munger.

After you read it, you may be convinced that Munger and Buffett deserve a Nobel Prize in Economics for their contributions to Behavioral Finance. Just ask Takemura and Thaler…

]]> By: max http://www.fatpitchfinancials.com/805/now-available-the-four-filters-invention-of-warren-buffett-and-charlie-munger/#comment-243355 max Thu, 01 May 2008 14:42:19 +0000 http://www.fatpitchfinancials.com/805/now-available-the-four-filters-invention-of-warren-buffett-and-charlie-munger/#comment-243355 Just a bit of warning: the guy's web site is, ehem, rather eclectic. Don't know how much you think it reflects on the book, judge for yourself. Just a bit of warning: the guy’s web site is, ehem, rather eclectic. Don’t know how much you think it reflects on the book, judge for yourself.

]]> By: George http://www.fatpitchfinancials.com/805/now-available-the-four-filters-invention-of-warren-buffett-and-charlie-munger/#comment-243325 George Thu, 01 May 2008 13:13:58 +0000 http://www.fatpitchfinancials.com/805/now-available-the-four-filters-invention-of-warren-buffett-and-charlie-munger/#comment-243325 No, this article is not an ad for the book. Fat Pitch Financials was not paid for this post and I don't receive any compensation for sales of this book. In the spirit of full disclosure, Dr. Labitan has decided after this post was published to sponsor the montly contest at <a href="http://www.valueinvestingnews.com" rel="nofollow">Value Investing News</a> for the month of May. This only means he will be providing me with a copy of his book and 3 autographed copies to give away to active members at Value Investing News. Sponsorship of the Value Investing News monthly contest remains free, as long as valuable prizes are provided. I decided to publish this post since Dr. Labitan gave me exclusive rights to be the first to announce the availability of <em>The Four Filters</em>. I have also previously discussed this book, so I thought readers here would be interested to know they can now get the book. I suggest that other authors and publishers take the same steps Dr. Labitan took in order to get similar attention from Fat Pitch Financials. No, this article is not an ad for the book. Fat Pitch Financials was not paid for this post and I don’t receive any compensation for sales of this book. In the spirit of full disclosure, Dr. Labitan has decided after this post was published to sponsor the montly contest at Value Investing News for the month of May. This only means he will be providing me with a copy of his book and 3 autographed copies to give away to active members at Value Investing News. Sponsorship of the Value Investing News monthly contest remains free, as long as valuable prizes are provided.

I decided to publish this post since Dr. Labitan gave me exclusive rights to be the first to announce the availability of The Four Filters. I have also previously discussed this book, so I thought readers here would be interested to know they can now get the book. I suggest that other authors and publishers take the same steps Dr. Labitan took in order to get similar attention from Fat Pitch Financials.

]]> By: me http://www.fatpitchfinancials.com/805/now-available-the-four-filters-invention-of-warren-buffett-and-charlie-munger/#comment-243310 me Thu, 01 May 2008 12:46:04 +0000 http://www.fatpitchfinancials.com/805/now-available-the-four-filters-invention-of-warren-buffett-and-charlie-munger/#comment-243310 Is this article an ad for the book? Is this article an ad for the book?

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