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The Failure (and Success) of Heuristics : Circle of Competence

Festival of Stocks #1

Now Available: The Four Filters Invention of Warren Buffett and Charlie Munger

International Stock Investing - Are You Diversifying Your Portfolio Globally?

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May Contest - The Four Filters

Submitted by Value Investing News on Sun, 2008-05-04 18:24.

The Four Filters Invention of Warren Buffett and Charlie MungerWin one of the three copies of The Four Filters: Invention of Warren Buffett and Charlie Munger that we are giving away in May!

 

As significant as the refinement of the microscope by Antonie van Leeuwenhoek, Labitan believes that Warren Buffett and Charlie Munger invented an investing formula that is underappreciated by the business and academic communities. In his view, the Four Filters developed by Warren E. Buffett and Charles T. Munger is an amazing intellectual achievement in both practical and behavioral finance. He thinks it will have a major future impact in the way business, management, and behavioral finance thinkers shape new methods of combining qualitative and quantitative valuation. After all, the Four Filters are an important set of steps used by the world’s greatest investors. While Mr. Buffett does not endorse this book, he did give Dr. Labitan permission to use his quotes from the annual letters to shareholders. Labitan weaves the material into the story of successful “framing” and the “filtering out” suboptimal investment choices.

 

Value Investing News will be giving away a signed copy of The Four Filters to the top two point earners in May. The third copy will be given away to a randomly selected active member. We thank author Bud Labitan for sponsoring this month's contest. Be sure to register now and get involved in voting, submitting story links, commenting, and joining the discussion in the forum to earn points.
 

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  • 3 points

Count me in

Submitted by subba on Sun, 2008-05-18 12:38.

Anything involving WEB and Munger is of interest to me.

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  • 1 point

The Four Filters is

Submitted by kenkid on Sat, 2008-06-14 01:28.

The Four Filters is EXCELLENT. I've read many value investing books, and i find this one to be one of the best by far. Bud's book would be perfect for the beginner. He has done a great job organizing the information and inserting quotes. I'm halfway done and can't put it down. I'm sure I'll be re-reading this many times.

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