Of Permanent Value : The Story of Warren Buffett/Monster Millennium Edition : Book Review

"Of Permanent Value" is a captivating book that explores the world of value investing and the valuable lessons we can learn from legendary investor Warren Buffett. Written by Andrew Kilpatrick, this book compiles insightful essays that provide valuable insights into Buffett's mindset, principles, and strategies that have made him such a successful investor.

One of the book's strengths is its ability to break down complex investment concepts into easily understandable terms. Kilpatrick uses anecdotes and examples to explain Buffett's investment philosophy, making it accessible to readers with different levels of experience. From understanding a company's intrinsic value to the importance of patience and long-term thinking, this book offers practical advice that resonates with investors of all backgrounds.

Another great aspect of this book is how it humanizes Buffett, delving into his personal life, relationships, and selflessness. Kilpatrick showcases how Buffett used his wealth to contribute to society and emphasizes the significance of integrity and ethical behavior in investment practices. This personal touch adds depth to the narrative and allows readers to gain a comprehensive understanding of Buffett's character and values.

The book not only focuses on Buffett's successes but also examines his failures and the valuable lessons he learned from them. Kilpatrick highlights the importance of learning from mistakes and not being discouraged by setbacks. This aspect of the book provides inspiration and motivation, making it more than just a guide to successful investing.

Overall, "Of Permanent Value" is a must-read for anyone interested in investing and looking to understand the strategies of one of the most successful investors of all time. Kilpatrick's thorough research, clear writing style, and ability to demystify complex concepts make this book a valuable resource for both novice and experienced investors. It offers timeless principles and practical advice that can help investors build their wealth and achieve long-term financial success.

What are readers saying?

Of Permanent Value by Andrew Kilpatrick has received high praise from readers on Goodreads. The reviews primarily highlight the book's comprehensive and detailed examination of Warren Buffett's investment philosophy, making it an invaluable resource for both experienced investors and those new to the field who want to learn from one of the world's most successful investors.

Reviewers frequently mention that the book provides in-depth insights into Buffett's approach to long-term investing and the principles that have guided his decisions over the years. Readers appreciate Kilpatrick's ability to break down complex concepts and strategies, enabling a wide range of readers, regardless of their financial knowledge, to understand them.

The book is also commended for its extensive research and its inclusion of quotes directly from Buffett himself. Readers find this aspect highly valuable as it allows them to gain a deeper understanding of Buffett's mindset and how he views investing.

Reviewers also note that the book not only provides valuable information but is also engaging to read. Kilpatrick's writing style is frequently praised for being clear and straightforward, making the book enjoyable overall. The well-structured chapters, each focusing on a specific aspect of Buffett's investment philosophy, make it easy for readers to navigate and revisit specific sections as needed.

One common theme in the reviews is the inspiration and motivation readers felt after reading Of Permanent Value. Many users mention that they were inspired to apply Buffett's principles to their own investment strategies and felt more confident in their ability to make sound financial decisions.

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