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Lowenstein is a good collector of facts, and Buffett is competently written. When it comes out, I am sure it will be one of the most valuable business books ever. Unusual factors combine to create the moats that shelter certain companies from some of the rigors of competition. The New York Times. 2005-01-16. But often the CEO asks a strategic planning staff, consultants, or investment bankers whether an acquisition or two might make sense. Unfortunately for Warren, the world of technology knows no boundaries.

Managers are expected to concentrate on the businesses they know well so that Warren is free to concentrate on what he does well: investing. student is considering merging his future interests with those of a 25-year-old day laborer. It comes across in many ways. It also is a major insurer that includes GEICO Corporation in its holdings. Nor does he believe that great people help all that much when the fundamentals of a business are bad. When he explains stuff, its never Hey, Im smart about this and Im going to impress you. Other books have been written about Warren Buffett and his investment strategy, but until Warren writes his own book, this is the one to read. In reviewing Lowensteins book, I must begin with a disclaimer, too. Our business interests dont overlap much, although his printed World Book Encyclopedia competes with my electronic Microsoft Encarta.

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