The Four Filters Invention of Warren Buffett and Charlie Munger (Second Edition)

  • by Bud Labitan
  • Narrated by Jeffrey A. Hering
  • 7 hrs and 15 mins
  • Unabridged Audiobook

Publisher's Summary

The Four Filters Invention of Warren Buffett and Charlie Munger examines each of the steps they perform in framing and making investment decisions. The author believes that Buffett and Munger expanded the field of "behavioral finance" by using this thoughtful and effective process. The genius of Buffett and Munger's four-filters process was to capture all the important stakeholders in their decision making. Imagine: products, enduring customers, managers, and margin of safety...all in one mixed "qual + quant" formula. This second edition contains additional examples in this amazing process. This edition also contains the author's look into their 1988 valuation of Coca-Cola. Each chapter has additional specific examples. The author also discusses additional insights he has learned in the past five years since the first edition was released.

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Customer Reviews

Most Helpful

Below Audible standards

The poor reading and editing was distracting. Far below Audible.com standards. The book itself, however, is worth reading again.
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- Kindle Customer

Glosses over too many deals without scratching the surface

The discussions of Kraft and Coca-Cola, in which the author crunches numbers alongside a qualitative discussion, were very instructive. These discussions were a small portion of the book. Too much of the book was mini 5-minute overviews of Buffett bought a nuts-and-bolts business for cheap and this is a list of the product line.
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- Walter Hopkins

Book Details

  • Release Date: 06-03-2015
  • Publisher: Cesar Labitan, Jr., MD, MBA