The practical guide to investing the Warren Buffett way
Creating a Portfolio like Warren Buffett: A High Return Investment Strategy highlights actual trades author Jeeva Ramaswamy has successfully executed using principles established by investment guru Warren Buffet. Clearly explaining how Buffett's principles can be used to make specific investments the book, unlike other investment guides, also clearly explains how to apply Buffett's exit strategies as they pertain to holding or selling positions.
Giving readers a complete overview of Buffett's methodologies and how to apply them, the book is a step-by-step stock research checklist and comprehensive guide to investing and managing a successful stock portfolio. It includes detailed instructions to:
Determine where to search for stock prospects
Thoroughly research stocks using a stock research checklist
Confidently make buy and sell decisions
Expertly manage your portfolio
Packed with specific stock examples, real-life calculations, and expert tips, Creating a Portfolio like Warren Buffett is your guide to harnessing the market savvy of an investing legend.
Jeeva Ramaswamy is a managing partner of GJ Investment Funds, an investment fund modeled after the original 1950s Buffett partnership, that has delivered a compounded annual return of over 72 percent (net to investors). He has been profiled in International Alternative Investment Review and hedgefundexchange.net. Prior to joining GJ Investment Funds, he was CEO of Miracle Software Inc., an information technology and solutions company.
Acknowledgments xi PART I: Warren Buffett Investment Principles 1 Chapter 1: Replicating Warren Buffett s Investment Success 3 Chapter 2: Business-Like Investing 9 Chapter 3: Long-Term Investing 21 Chapter 4: Permanent Loss of Capital 31 PART II: Stock Research Checklist 35 Chapter 5: Stock Research Checklist Business Characteristics 37 Chapter 6: Stock Research Checklist Earnings 49 Chapter 7: Stock Research Checklist Debt 65 Chapter 8: Stock Research Checklist Equity 75 Chapter 9: Stock Research Checklist Profit Margin 79 Chapter 10: Stock Research Checklist Capital Investment 85 Chapter 11: Stock Research Checklist Management 95 Chapter 12: Stock Research Checklist Dividend 107 Chapter 13: Stock Research Checklist Assets 111 Chapter 14: Stock Research Checklist Inventory 119 Chapter 15: Stock Research Checklist Share Buybacks 121 Chapter 16: Stock Research Checklist Insiders 127 Chapter 17: Stock Research Checklist Institutional 133 Chapter 18: Stock Research Checklist Inflation 137 Chapter 19: Stock Research Checklist Cyclical Company 139 Chapter 20: Stock Research Checklist Turnaround 143 Chapter 21: Stock Research Checklist Stock Price 159 Chapter 22: Stock Research Checklist Infosys 165 Chapter 23: Intrinsic Value 191 PART III: Investment Management 203 Chapter 24: Margin of Safety 205 Chapter 25: Where to Search for Stock Prospects 211 Chapter 26: Portfolio Management 223 Chapter 27: Selling Strategy 235 Chapter 28: Mr. Market and Investor Psychology 239 Chapter 29: Risk Management 253 Chapter 30: Options 259 Chapter 31: Cigar-Butt 263 Chapter 32: No Shortcut Approach 265 Chapter 33: Perfect Pitch 269 Notes 271 About the Author 277 Index 279