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 101 Reasons to Own the World's Greatest Investment: Warren Buffett's Berkshire Hathaway
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101 Reasons to Own the World's Greatest Investment: Warren Buffett's Berkshire Hathaway

101 Reasons to Own the World's Greatest Investment: Warren Buffett's Berkshire Hathaway
Publisher
 Wiley
Published
 March 2001
ISBN
 047141123X
$19.95 List Price
$13.57 OUR PRICE
Sales Rank: 210,781
AVAILABILITY:
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One day Robert Miles showed up on The Motley Fool's discussion boards as "simpleinvestor" and began a series of posts entitled "101 Reasons to Own Berkshire Hathaway." The result: 101 Reasons to Own the World's Greatest Investment. If you've ever considered buying shares of BRK.A or BRK.B, then definitely buy this book. If not, then you might want to consider getting a copy anyway, as Miles clearly demonstrates why Berkshire Hathaway is one of the best investments going. --Harry C. Edwards

Product Reviews

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Average rating: 4.0
Reason 102: buy 101 and invest with confidence Rating
April 24, 2002 Rating: 5.0 stars

I just finished reading the 101 Reasons for owning Berkshire Hathaway book and found it very educational, enlightening, and exciting. Congratulations to Robert P. Miles on this outstanding contribution to our investment education and the clever way he made his points and presentation. I wish I had known its contents and wise counsel 30 years ago!

Highly Recommended! Rating
January 29, 2002 Rating: 5.0 stars

Investor Robert P. Miles tells you everything you ever wanted to know about Warren Buffett's legendary Berkshire Hathaway. The company's plain-living, financial wizard of a chairman dominates this inventive and informative inside tour. The format - a listing of 101 reasons to own the stock - enables Miles to deliver a massive amount of information. Each entry is straightforward, packed with plenty of supportive data and a lively read. We from [...] recommend this book to investors and to anyone who'd like to know more about Buffett and Berkshire Hathaway, the only stock that comes with an owner's manual.

Investment for Idiots Rating
November 28, 2001 Rating: 1.0 stars

(...) This is a loathesome. disagreeable book to anyone with even a smidgen of investment knowledge. Warren Buffet should be ashamed. I felt I was reading an Amway treatise with "Berkshire Hathaway" substituted for "Amway". I can't tell you haw many times I read the phrase "til death do you part". I got news for all you people investing in the market - that's just the way to get really burned. This isn't a marriage, it's a business decision, one that should be constantly reevaluated. And if you're going to hold it forever, and never sell, then yes, of course, you needn't ever think about it again. It might as well be a priceless family heirloom , not for sale at any price. This book just made me plain angry. I was looking to actually learn something about Warren Buffet and Berkshire Hathway; instead all I ever learned about was Miles' undying devotion, and unquestioning mindset. It does have a good list of investment web sites. Not worth the price of the book, however.

The World's Greatest Investment Rating
May 9, 2000 Rating: 4.0 stars

This is an outstanding book and a must for fans of Warren Buffett. This book is great for any investment practitioner, as it acts as a daily reminder as to why Berkshire Hathaway is such an outstanding investment. Equally it is a wonderful book for any new investor, given it clearly states what you should look for in an investment, and highlights why Warren Buffett is such an excellent role model. For someone who has read virtually everthing ever written about Buffett, it is a great "user friendly" guide, that cleverly summarises Buffett's forty years of investment experience. Mr Miles's book has added to my investment understanding and knowledge about Warren Buffett.

The Rosetta Stone of Investing Rating
May 31, 1999 Rating: 5.0 stars

Not often does one have the luxury of someone so clearly defining the investment merits of a company and Robert Miles delivers in spades.

Security analysis and the study of investment theory should hopefully culminate in one finding and understanding the greatest vehicles for investment success. Robert Miles has made the investment process that much easier with his illumination of Berkshire Hathaway. I have probably read 90% of the material ever written by Warren Buffett or about Warren Buffett and Berkshire Hathaway and this is as comprehensive as it gets. This is not just a book about Berkshire but a personal journey that identifies and understands the key ingredients of a successful investor. Berkshire Hathaway's outstanding long term performance should lay to rest academia's fascination with the efficient market theory. I believe that any stock investment made should be measured against the returns of Berkshire. This will eliminate many investment mistakes, heartaches and be very rewarding financially.

Robert refers to Warren's annual shareholders letters as the only investment book and advice that you will need. They represent the summit of investment thought from the greatest investor who has ever lived. Geico, Washington Post represent Warren's "ideal" of compounding tax free as long as possible. Shareholder's evidently take Warren's long term buy and hold strategy of stock investing to heart as share turnover in the company is a minuscule 3% a year. Ten thousand dollars invested in Berkshire seventeen years ago would be worth over one million dollars now.

Robert Miles openly shares his failures and triumphs of his 30 year journey of stock investing with the decisive point his investment in Berkshire Hathaway. Ultimately, investing is a reflection of one's character developed over the years and Robert understands the traits of a successful investor and vividly portrays them in this book.

Thanks for the great book Bob.

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