Download The Four Filters Invention of Warren Buffett and Charlie Munger (Second Edition) AudioBook Free
The Four Filter systems Invention of Warren Buffett and Charlie Munger examines each one of the steps they perform in framing and making investment decisions. The author believes that Buffett and Munger extended the field of "behavioral finance" employing this thoughtful and effective process. The genius of Buffett and Munger's four-filters process was to fully capture all the important stakeholders in their decision making. Consider: products, enduring customers, managers, and margin of protection...all in one mixed "qual + quant" formulation. This second model contains additional cases in this phenomenal process. This model also contains the author's look into their 1988 valuation of Coca-Cola. Each chapter has additional specific cases. The author also talks about additional insights he has discovered in the past five years since the first edition premiered.
