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Words: | Submitted: Mon Jun 19 2006
... learning to bring to the table. Mathematics, probabilities, psychology, and good business sense is the key foundation to the focus investing strategy. Risk measurement, using probability distribution of future outcome generally based on the economics of the business in the form of knowledge gained about the prospective business, financial reports, past history and future expectations of growth and stability of company, will determine the risk level for a focus investor. Focus investing is the premise of this book. Warren Buffett uses this as an approach to portfolio management and explains the intellectual framework needed to succeed at this type of investment strategy. . Warren Buffett has succeeded to become one of the most followed investors of recent times and is second only to Bill Gates as the wealthiest man in the United States. He has several books written about him and articles have appeared in Forbes, Business Week, CNN and ...
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