Contents of Billion Dollar Baby

The Reading

Just read with a passion and fall in LOVE with the desire to understand Buffett’s investment philosophy. Get ready, download the books into your Kindle and get started!

Read every book in your local library about investment
Read The Intelligent Investor by Ben Graham
Read Security Analysis by Graham & Dodds
Read Common Stocks and Uncommon Profits by Phil Fisher
Read Buffettology by Mary Buffett & David Clark
Read The Snowball Warren Buffett by Alice Schroeder
Read all the newspaper clippings and all the annual & analyst reports about your favourite consumer monopoly
Read Warren Buffett’s letters to Berkshire shareholders

The PROCESS.

We enjoy the process more than the proceeds.

How to Identify a Consumer Monopoly and buy a business, not the market
How to find newspaper clippings and all the analyst reports about your favourite consumer monopoly
How to do the Scuttlebutt
How to apply a Wide Margin of Safety
When to watch out for Mr Market
Have your checklist with nine questions; be ready to watch the detail
You too can calculate the rate of return

The PEOPLE

Buffett’s father, Howard Buffett
Buffett’s mentor, Ben Graham
Buffett’s guru, Phil Fisher
Buffett’s wife Susie, and current wife, Astrid
Buffett’s partner, Charlie Munger
Buffett’s friend, Bill Gates
Buffett's manager, Ajit Jain

The HABITS

We enjoy the process more than the proceeds.

Read Ben Graham. Read Phil Fisher. Read financial statements. Read Munger. Read Berkshire Hathaway shareholder letters.
Talk to people you trust and do the scuttlebutt
Be frugal
Calculate the future returns
Watch the detail
Think for yourself before you act
Sleep well at night