The Four Filters Invention of Warren Buffett and Charlie Munger examines each of the basic steps they perform in framing and making an investment decision. This book is a focused look into this amazing invention within Behavioral Finance. The genius of Buffett and Munger's parsimonious four filters process was to capture all the important stakeholders in a multi-variable equation or formula. Imagine...Products, Enduring Customers, Managers, and Margin-of-Safety... all in one mixed qual + quant formula. Other important ideas are embedded in each chapter. The book can be used as a supplemental textbook in a Valuation or Decision Sciences course.
- Used Book in Good Condition