Firstly, if you intend on reading this book, I believe it is necessary to have some background on Finance, Economics or being a somewhat experienced investor. This way you can enjoy much more, as the book is not focused on people that don’t have any knowledge of how the stock market works.
Have said this, and writing as a newcomer to the world of investments and, more precise, to the world of stock market, shares, bonds etc., the book shows how the minds of Warren Buffet and Charlie Munger works and why they are so good at what they do at Berkshire.
There are several precious tips on what to do with money and how to invest it on the stock market to see it grow. Also, we are told about the power of compounded interests, as the money must be invested for a long time (and, by doing it, you have interest over interests, and the capital grows in a much faster pace). Finally, and one of the most valuable lessons: be fearful when others are greedy, and be greedy when others be fearful. To implement this idea, Buffet and Munger highlight the importance of having some capital on the treasury or other bonds, where they can withdraw it and use to buy stocks and companies when their prices are low/ suffer on a crisis. They insist on the idea of buying shares when they are cheap, not expensive.
O livro da visão dos acontecimentos nas reuniões da BH e consequentemente dos eventos ocorridos na empresa que levaram uma "malharia" falida a se tornar uma das maiores companhias do mundo. Obrigatório para investidores, fãs do Charlie, Buffett e da própria Berkshire