Four Filters Invention of Buffett Munger

The Four Filters Invention of Buffett and Munger examines each of the basic steps they perform in "framing and making" an investment decision.


Book: The Four Filters Invention of Warren Buffett and Charlie Munger. Two Friends Transformed Beha

The Four Filters Invention of Warren Buffett and Charlie Munger. Two Friends Transformed Behavioral Finance.

Paperback. ISBN 978-0-6152-4129-6

This book is a focused look into this amazing invention within "Behavioral Finance." The genius of Buffett and Munger's parsimonious four filters process was to "capture all the important stakeholders" in a "multi-variable" equation or formula. Imagine...Products, Enduring Customers, Managers, and Margin-of-Safety... all in one mixed "qual + quant" formula. Other important ideas are embedded in each chapter. The book can be used as a supplemental textbook in a Valuation or Decision Sciences course.

Schererville, IN, April 29, 2008 --(PR.com)-- Announcement of a new book on value investing.

Mr. Buffett does not endorse this book, but he has allowed the author to use quotes from his letters in the book to build the story and explain the case: "that the Four Filters are a major intellectual achievement in practical and behavioral finance." (posted at frips dot com)

The author believes that Warren Buffett and his business partner Charlie Munger developed a four filters investing process that has been under-appreciated and underestimated by the business and academic communities. The Four Filters are an important set of steps used by the world’s greatest investors. The Four Filters function as an effective time-tested focusing formula for investing success that use both qualitative and quantitative steps. The book examines the four filters process and describes the effectiveness of each filtering step.

The book is now on sale for $39.95 online at frips dot com and it can be ordered using the Google Checkout secure card services.

Usually I don't post reviews of books at my blog. I did only once for Warren Buffett Biography - The Snowball. If you go across internet you can find plenty of books about Warren's life, investing style or strategies. But there is a one book which is undoubtedly the most popular book nowadays.

"The Four Filters Invention of Warren Buffett and Charlie Munger" describes basic steps in decision taking for their investments. Buffett and Munger's four filters process was to capture all the important stakeholders in a multi-variable equation or formula. Imagine...Products, Enduring Customers, Managers, and Margin-of-Safety... all in one mixed "qual + quant" formula.