Audiobook3 hours
Warren Buffett and the Art of Stock Arbitrage: Proven Strategies for Arbitrage and Other Special Investment Situations
Written by Mary Buffett and David Clark
Narrated by Karen White
Rating: 4.5 out of 5 stars
4.5/5
()
About this audiobook
"Give a man a fish and you will feed him for a day. Teach a man to arbitrage and you will feed him forever." -Warren Buffett
Warren Buffett and the Art of Stock Arbitrage is the first book to explore the secret world of Warren Buffett's arbitrage and special situations investing. Long considered one of the most powerful and profitable yet least understood of Buffett's investment operations, these special types of investments have been the edge that has made Warren Buffett the world's greatest investor.
This book examines Buffett's special brand of arbitrage investing, which involves taking advantage of short-term price discrepancies that often occur when one company offers to buy another company. Though these discrepancies are small, they offer almost risk-free investment opportunities that have given Buffett an average annual rate of return of 23 percent on his invested capital. Buffett's strategies for investing in special situations like spin-offs, liquidations, recapitalizations, and tender offers are also explained. This body of investment opportunities, though small in number, has allowed Buffett to make substantial investments that give him high returns with very little risk.
Mary Buffett and David Clark, the authors of four bestselling books on Warren Buffett's investment methods, take the listener deep into the world of Buffett's arbitrage and special situation operations, giving us his strategies, his math equations for determining value, and dozens of examples of his investments in this very lucrative segment of investment operations.
In the years that Buffett's normal portfolio of long-term investments has done poorly, it is his investments in arbitrage and special situations that have lifted his performance to the record levels that have made him the second richest man in the world.
Warren Buffett and the Art of Stock Arbitrage is the first book to explore the secret world of Warren Buffett's arbitrage and special situations investing. Long considered one of the most powerful and profitable yet least understood of Buffett's investment operations, these special types of investments have been the edge that has made Warren Buffett the world's greatest investor.
This book examines Buffett's special brand of arbitrage investing, which involves taking advantage of short-term price discrepancies that often occur when one company offers to buy another company. Though these discrepancies are small, they offer almost risk-free investment opportunities that have given Buffett an average annual rate of return of 23 percent on his invested capital. Buffett's strategies for investing in special situations like spin-offs, liquidations, recapitalizations, and tender offers are also explained. This body of investment opportunities, though small in number, has allowed Buffett to make substantial investments that give him high returns with very little risk.
Mary Buffett and David Clark, the authors of four bestselling books on Warren Buffett's investment methods, take the listener deep into the world of Buffett's arbitrage and special situation operations, giving us his strategies, his math equations for determining value, and dozens of examples of his investments in this very lucrative segment of investment operations.
In the years that Buffett's normal portfolio of long-term investments has done poorly, it is his investments in arbitrage and special situations that have lifted his performance to the record levels that have made him the second richest man in the world.
Author
Mary Buffett
Mary Buffett is the coauthor of Scribner’s bestselling Buffettology series, and a contributor to HuffPost and the online magazine Thrive Global. Mary’s online school—BuffettOnlineSchool.com—provides monthly investment insights and helps students learn to build successful stock portfolios.
More audiobooks from Mary Buffett
Warren Buffett and the Interpretation of Financial Statements: The Search for the Company with a Durable Competitive Advantage Rating: 4 out of 5 stars4/5Warren Buffett's Management Secrets: Proven Tools for Personal and Business Success Rating: 5 out of 5 stars5/5The Warren Buffett Stock Portfolio: Warren Buffett's Stock Picks: When and Why He Is Investing in Them Rating: 5 out of 5 stars5/5The New Buffettology: How Warren Buffett Got and Stayed Rich in Markets Like This and How You Can Too! Rating: 5 out of 5 stars5/5
Related to Warren Buffett and the Art of Stock Arbitrage
Related audiobooks
Warren Buffett's Ground Rules: Words of Wisdom from the Partnership Letters of the World's Greatest Investor Rating: 4 out of 5 stars4/5You Can Be a Stock Market Genius: Uncover the Secret Hiding Places of Stock Market Profits Rating: 4 out of 5 stars4/5The Little Book That Makes You Rich: A Proven Market-Beating Formula for Growth Investing Rating: 4 out of 5 stars4/5The Little Book That Builds Wealth: Morningstar's Knock-out Formula Rating: 4 out of 5 stars4/5The Motley Fool Million Dollar Portfolio Rating: 4 out of 5 stars4/5The Little Book of Valuation: How to Value a Company, Pick a Stock and Profit Rating: 4 out of 5 stars4/5The Value Investors: Lessons from the World's Top Fund Managers, 2nd Edition Rating: 5 out of 5 stars5/5Even Buffett Isn't Perfect: What You Can---and Can't---Learn from the World's Greatest Investor Rating: 2 out of 5 stars2/5A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing (Eleventh Edition) Rating: 4 out of 5 stars4/5The Little Book of Stock Market Cycles: How to Take Advantage of Time-Proven Market Patterns Rating: 4 out of 5 stars4/5The Clash of the Cultures: Investment vs. Speculation Rating: 4 out of 5 stars4/5Beating the Street: How to Use What You Already Know to Make Money in the Market Rating: 4 out of 5 stars4/5The Triumph Value Investing: Smart Money Tactics for the Post-Recession Era Rating: 4 out of 5 stars4/5Debunkery Rating: 5 out of 5 stars5/5Creating a Portfolio like Warren Buffett: A High Return Investment Strategy Rating: 4 out of 5 stars4/5What Works on Wall Street Rating: 4 out of 5 stars4/5The Little Book of Alternative Investments: Reaping Rewards by Daring to be Different Rating: 4 out of 5 stars4/5The Ultimate Dividend Playbook: Income, Insight and Independence for Today's Investor Rating: 4 out of 5 stars4/5Why Moats Matter: The Morningstar Approach to Stock Investing Rating: 5 out of 5 stars5/5The Little Book Of Stock Market Profits: The Best Strategies of All Time Made Even Better Rating: 4 out of 5 stars4/5The Little Book of Bulletproof Investing: Do's and Don'ts to Protect Your Financial Life Rating: 5 out of 5 stars5/5The Elements of Investing Rating: 5 out of 5 stars5/5The Lazy Person's Guide To Investing Rating: 4 out of 5 stars4/5Dividends Still Don't Lie: The Truth About Investing in Blue Chip Stocks and Winning in the Stock Market Rating: 4 out of 5 stars4/5Buffett's Tips: A Guide to Financial Literacy and Life Rating: 5 out of 5 stars5/5
Personal Finance For You
The Total Money Makeover: A Proven Plan for Financial Fitness Rating: 5 out of 5 stars5/5Financial Feminist: Overcome the Patriarchy’s Bullsh*t to Master Your Money and Build a Life You Love Rating: 5 out of 5 stars5/5Change Your Paradigm, Change Your Life Rating: 5 out of 5 stars5/5The Intelligent Investor Rev Ed. Rating: 5 out of 5 stars5/5Die With Zero: Getting All You Can from Your Money and Your Life Rating: 4 out of 5 stars4/5Hustle Harder, Hustle Smarter Rating: 5 out of 5 stars5/5Rich Dad Poor Dad: What The Rich Teach Their Kids About Money - That the Poor and Middle Class Do Not! Rating: 5 out of 5 stars5/5We Should All Be Millionaires: A Woman’s Guide to Earning More, Building Wealth, and Gaining Economic Power Rating: 5 out of 5 stars5/5Rich Dad's Cashflow Quadrant: Guide to Financial Freedom Rating: 5 out of 5 stars5/5Think and Grow Rich Rating: 5 out of 5 stars5/5Baby Steps Millionaires: How Ordinary People Built Extraordinary Wealth--and How You Can Too Rating: 5 out of 5 stars5/5The Millionaire Next Door: The Surprising Secrets Of Americas Wealthy Rating: 5 out of 5 stars5/5How to Manage Your Money When You Don't Have Any Rating: 4 out of 5 stars4/5A Healthy State of Panic: Follow Your Fears to Build Wealth, Crush Your Career, and Win at Life Rating: 4 out of 5 stars4/5Happier Hour: How to Beat Distraction, Expand Your Time, and Focus on What Matters Most Rating: 4 out of 5 stars4/5Killing Sacred Cows: Overcoming the Financial Myths that are Destroying Your Prosperity Rating: 5 out of 5 stars5/5Rich Dad's Guide to Investing: What the Rich Invest In, That the Poor and Middle Class Do Not! Rating: 5 out of 5 stars5/5Stimulus Wreck: Rebuilding After a Financial Disaster Rating: 4 out of 5 stars4/5Entreleadership: 20 Years of Practical Business Wisdom from the Trenches Rating: 5 out of 5 stars5/5Secrets of the Millionaire Mind: Mastering the Inner Game of Wealth Rating: 5 out of 5 stars5/5The Automatic Millionaire: A Powerful One-Step Plan to Live and Finish Rich Rating: 5 out of 5 stars5/5Everyday Millionaires: How Ordinary People Built Extraordinary Wealth—and How You Can Too Rating: 5 out of 5 stars5/5Rich Dad's Increase Your Financial IQ: Get Smarter with Your Money Rating: 5 out of 5 stars5/5Why the Rich Are Getting Richer Rating: 5 out of 5 stars5/5The Intelligent Investor Rating: 4 out of 5 stars4/5
Reviews for Warren Buffett and the Art of Stock Arbitrage
Rating: 4.714285714285714 out of 5 stars
4.5/5
14 ratings1 review
- Rating: 5 out of 5 stars5/5Mary and David laid out this concept in an easy to understand manner.