cover image Warren Buffet Invests Like a Girl: And Why You Should Too

Warren Buffet Invests Like a Girl: And Why You Should Too

Louann Lofton. Harper, $25.99 (272p) ISBN 978-0-06-156755-1

In this uneven primer on creating a successful long-term portfolio, Lofton, a Motley Fool writer and editor, draws on Warren Buffett's wisdom and takes on the male-dominated world of investing. She cites research on gender differences in investing that suggests men's high testosterone levels makes them naturally aggressive traders, but can render them "overconfident" and prone to recklessness. Conversely, women's natural tendency to "dig deeper, analyze more information and details" makes them more likely to outperform over the long term. While her propositions are intriguing, Lofton offers little evidence supporting her claims. After the first two rousing chapters on gender differences (buttressed by only a handful of studies), she awkwardly turns to focus on Buffett's eight investment principles and links them%E2%80%94tenuously%E2%80%94to her premise. Her unproven arguments on gender, risk, and money are abandoned as she moves exclusively into a hagiography of the "Oracle of Omaha." This could have been a solid investment basics book in its own right; it suffers from its provocative packaging. (July)