Of Permanent Value: The Story of Warren Buffet : Book Review

Of Permanent Value: The Story of Warren Buffett is a captivating biography written by Andrew Kilpatrick that delves into the life and journey of one of the most successful investors of our time. From his early fascination with numbers to becoming the chairman and CEO of Berkshire Hathaway, Buffett's story is truly inspiring.

Kilpatrick takes readers on a detailed exploration of Buffett's unique investment strategies and the principles that have guided his remarkable success. The focus is on value investing and the long-term perspective that has shaped Buffett's decision-making process. Through personal interviews and insightful anecdotes, the author provides invaluable insights into Buffett's mindset and his ability to identify undervalued stocks.

But this book doesn't merely dive into Buffett's investment philosophy; it also delves into his personal life and core values. It explores his humility, frugality, and relentless pursuit of knowledge. The emphasis on relationships, both personal and professional, and the importance of trust and integrity in business dealings is highlighted.

In addition, Kilpatrick delves into Buffett's profound philanthropic efforts. The book emphasizes his commitment to giving back to society and his intention to donate a significant portion of his wealth to charitable causes. The author explores Buffett's partnership with Bill and Melinda Gates in creating the Giving Pledge, a commitment made by the world's wealthiest individuals to donate the majority of their wealth to philanthropic endeavors.

Overall, Of Permanent Value provides a comprehensive and engaging account of Warren Buffett's life, investment strategies, and philanthropic endeavors. It offers readers a deeper understanding of his astute investment decisions while shedding light on the values that have shaped his extraordinary success. This book is a must-read for anyone interested in learning from the life and achievements of this legendary investor.

What are readers saying?

Of Permanent Value, written by Andrew Kilpatrick, is highly regarded within the investment community as a book that offers a comprehensive look into the life and investment philosophy of Warren Buffet. Buffet is widely recognized as one of the most successful investors in history. Goodreads reviewers overwhelmingly praised the book for its insightfulness and thoroughness.

One notable aspect of the reviews is the admiration for Kilpatrick's extensive research and attention to detail. Readers appreciate how he delves into Buffet's life and investment strategies, providing valuable insights into the mindset of the legendary investor. Reviewers find Kilpatrick's exploration of Buffet's early life, career, and investment decisions to be particularly valuable.

Moreover, the book receives high acclaim for its accessible writing style. Many readers commend Kilpatrick's ability to explain complex investment concepts in a clear and understandable manner. This makes the book beneficial for both experienced investors and newcomers to the field of investing. The inclusion of real-life examples and anecdotes further enhances its readability.

Readers also appreciate the author's impartiality and objectivity when presenting Buffet's investment philosophy. Kilpatrick does not shy away from sharing both Buffet's successes and failures, giving readers a well-rounded perspective. This approach allows readers to gain a comprehensive understanding of the principles underlying Buffet's investing style and how they have contributed to his long-term success.

Furthermore, reviewers emphasize the book's relevance and timelessness. Despite being first published in 1994, Of Permanent Value continues to resonate with readers due to its timeless principles of value investing. Many appreciate that the book transcends specific time periods and focuses on enduring investment strategies that can be applied in any market environment.

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