Book Review: The Warren Buffett Stock Portfolio

The Warren Buffet Stock Portfolio

An excellent quote from Berkshire Hathaway shareholder letter in 1990 kept me excited about the book and I finished reading it within 2 days.

Even though we had bought some shares at the prices prevailing before the fall, we welcomed the decline because it allowed us to pick up many more shares at the new panic prices.

Berkshire Hathaway shareholder letters, 1990

The book focuses on Warren Buffett using increasing Earnings Per Share and increasing Book Value to select his portfolio of durable competitive advantage companies.

Each chapter is a case study of each of the companies in Warren Buffett’s portfolio with some brief history of the company and why Warren Buffett feels that the company has a competitive advantage.

Some of Warren Buffett’s favorite companies are

  • Kraft (Oreo, best selling cookie since 1912)
  • American Express (started in New York in 1850)
  • Wells Fargo (founded in 1852)
  • Coca Cola (first sold in 1886)
  • Procter & Gamble (started selling soap in 1837)
  • Johnson & Johnson (started selling surgical dressings in 1887)
  • GlaxoSmithKline (Merger of GlaxoWellcome found in 1880 and SmithKline founded in 1830)
  • Walmart (started in 1962)
  • Costco (started in 1983)
  • Moody’s Corporation
  • BNY Mellon
  • Sanofi
  • Torchmark Corporation
  • Union Pacific Railroad
  • U.S. Bancorp
  • Washington Post

Overall, I feel that this is a short and sweet book that is simple to understand Warren Buffett’s investment philosophy.

I give it an Average rating 3 out of 5 stars.

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Book Review: Show Me the Money Book 2 by Teh Hooi Ling

TehHooiLing_ShowMeTheMoney

I picked up the book Show Me the Money Book 2 by Teh Hooi Ling from Times Bookstore few weeks ago.

The book is a collection of investment articles that the author writes over the years.

The author shares advice such as using dividend yield in combination of price to book ratio to screen for stocks. She also shares her opinion of believing in only blue chips in the Singapore stock market. There are tabular stock market information and charts to support the author’s view and opinions of the stock market. However, most stock information are outdated and some stock are already delisted at the point of reading. This is because most articles are dated back from 2008 to 2013.

Personally, I felt the book is a bit dry and difficult to read and you have to spend some time thinking of what the author is trying to convey to you after each article. My personal opinion, this is not a “teach you how to invest” kind of book but more of “sharing experiences”.

I give it an Average rating 3 out of 5 stars.

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