The Four Filters Invention of Warren Buffett and Charlie Munger

• Author(s): Bud Labitan, Cesar M. Labitan,
• Publisher: Lulu.com
• Pages: 147
• ISBN_10: 0615241298
  ISBN_13: 9780615241296
  
• Language: en
• Categories: Business & Economics / Investments & Securities / General ,

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