Warren Buffett's Management Secrets: Proven Tools for Personal and Business Success
M**M
Warren Buffet-The Genius-The Practical Man
There are no words to describe how insightful this book is! The authors did an amazing job capturing Warren Buffet's thoughts on managing. It's a great read for anyone looking to climb the ladder in human management while also maintaining a well-rounded and successful approach. Highly recommend!
E**N
Mr
Nice book
C**E
Clear, concise insight into Buffett's philosophy
Mary's clear writing style enables readers to get to grips with the philosophy of Mr Buffett with ease. The book features no stock analysis charts or anything that is too in depth, with each of Mary's books the emphasis is clearly on the theory behind Warren's success. This does not detract from the book, in fact it suits the style, each of the books can be read in a day, and are great for dipping in and refreshing the mind. Overall great little books full of wisdom, anybody wanting more in-depth technical analysis for stock or share investing will benefit from another, perhaps slightly academic, book alongside this one.
S**N
Pragmatic.
Easy to read.
P**E
Bank on the tried and true
Bank on the tried and trueI thought one of the most successful investors in history might have somehting interesting to say abut management and I was right.It is broken down into five steps and thirty chapters.Step One Pick the right business to work withChapter one How to find the kid of business that offers the greatest career opportunitiesBrand names produce a produce that doesn't have to change ,such as Coca Cola Some have a durable competitive advantage. ,Chapter 2 Three quick tests for identifying the best company to work for.1 Pre share earnings test. Check the last ten years to see if there is an upward trend This shows a competitive advantage.2 the debt test3 The gross margin test. interestingly he likes coca col with a gross margin of 60% whereas United Airlines have 17%Some companies have profit margins that are too low but they can still be sustainable such as Walmart but many fail on that point because of the amount of investment that is need to make a profit such as airlines.DelegationHis secret of delegation is to delegate almost to the point of abdication. They then treat the businesses as their own.find the right manager for the job.Work at a job you love.Chapter 18 Speak ot the other persons wants and needs.I wont go through every point the makes but they are all valid.The first two are the most powerful that is find a buiness that is sustainable and testing it for its ability to make money.He obviously buys a lot of companies which he doe snot run himself so he needs to delegate, find managers and get them to do jobs they love.If also he speaks to their wants and needs a not his own that is very powerful indeed.This is a short outstanding book and deserves a lot of rereading.I like his idea of never giving a direct order but ask questions. that allows the other peons to come to the right conclusion without beig forced to carry out somehting they don't want to do.I cant recommend it highly enough.
P**T
No special secrets revealed
You won't find any revolutionary information here if you have already managerial experience and read respective literature.It's about notorious basics:- Find a Job You Love and You'll Never Work a Day in Your Life- Dont borrow money, dont live above your financial possibilities, dont create debt etc- Delegate as much as possible, and follow up on major things- Invest in depression, sell on grow- Listen your managers, surround yourself with good advisers etcIf you have never had a management book in your hands, you can start with this one. But for "newers" it's too hightflyer (how young independants can use advise "invest in companies in depression"???), and for middle-management these advises are too obvious.Another thing that bothers me, the way Mary reads each paragraph "Warren believes..", "Warren hires...", "Warren does...". We know that all these ideas come from Mr. Buffet, why should she reminds it every minute?
E**E
Common sense is not a secret
There's very little of any great value to normal folk in this book. For example. the first chapter suggests ways that you can tell if a company is worth buying, which boils down to if they make a steady long term profit, and aren't in an industry that's likely to change that. If I'm ever in the position of considering to buy a company, and I'm not holding my breath, then I'll probably be able to work out that much for myself.Early on, the book gives several examples of the "right" kind of company, name-checking them in the style of "if you want X, then you really want company Y". You know that company Y paid handsomely to be promoted by Warren Buffett, and that he more than likely has an investment in them that's bound to go up due to that product placement.You have to wade through the self-congratulatory "Warren is a genius", "Warren is the 2nd richest man in the world", "More CEOs report to Warren than any other manager" nonsense in the search for nuggets of information, and when you find them, they're not worth finding. But that's the point - this shameless self-promotion is designed to benefit him far more than it ever will you. When you realise that, you'll understand why he's rich.
M**N
This is management tips "ultra-lite"
Pretty disappointed with this. A large chunk of the book basically rehashes content from How to Win Friends and Influence People, as Dale Carnegie, who wrote this was apparently a big influence on Buffet early on. There are a few "nuggets" but they aren't worth the price I paid for this. To give you an idea how brief the book is, I finished it in less than 2 hours and I am not a particularly fast reader.
R**S
Good Read
This is a good book for anyone who has been in sales for sometime.
D**A
Perfect book for commerce students specialy
The quality of book is very good. The book is weightless. Pages are good as well. Very interesting and informational book. Good for students to get extra knowledge. Very useful information to take future decisions. Must buy
I**O
Rare in Indonesia
Tha kyou for providing amazing tons of books for me to read. This is one of the rare books in Indonesia
J**N
buffet for the mind
Excellent principles in the book to follow to be successful as a employee or as a business ownerThought provoking and practical
V**C
Book is damaged and worn out, even though I purchased a new copy
Opened my box to find a book in relatively poor condition. Cover looks beaten up and has sticky residue on the back. Pages are poorly cut. The hardcover has dents and pieces chipped off from it. Definitely wouldn’t buy a “new” book from this seller.Photos attached.
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