In order to make sure I posts for this site every week I will review one investment book. The book for this week is Warren Buffett Invests Like a Girl: And Why You Should, Too (Motley Fool). Since Warren Buffet is the most successful investor in the world reading about his investment process seems like a worthwhile endeavor.
The premise of the book is pretty simple. The author state that women are more patient and less risk-averse on average than men and that Warren Buffet shares these qualities. Thus Warren Buffet invests like a girl. The author identifies eight qualities of the female investor’s temperament and shares what Buffet can teach us about them. The book is definitely about the behavioral side of investing rather than the technical side. It is good to know both sides. As a bonus the author includes interviews with successful female investors.
The book is an interesting angle on Buffet’s investing success. If you have already read several books about Buffet and his investing philosophy then this book won’t give you much new information but if you haven’t this book could serve as a nice introduction to Buffet and his investing philosophy.