cover image The Real Warren Buffett: Managing Capital, Leading People

The Real Warren Buffett: Managing Capital, Leading People

James O'Loughlin. Nicholas Brealey Publishing, $27.5 (282pp) ISBN 978-1-85788-308-4

Investors around the globe worship Warren Buffett, the ""Oracle of Omaha,"" and British businessman O'Loughlin is no different. Buffett, after all, jostles with Bill Gates for the title of richest man in America and has built Berkshire Hathaway from a small textile concern into a multi-billion-dollar corporate mammoth. So how does he do it? O'Loughlin tackles the question enthusiastically, laying out Buffett's investing strategies, his management techniques and his unconventional wisdom. Much of it is already well known, of course, from Buffett's love of the cash-generating insurance business, to his hands-off managerial style, to his early passion for the ideas of value-investing guru Benjamin Graham. But the book is a useful distillation of everything business buffs know about the inscrutable Buffett. After the dot-com years, during which his plodding investing style went out of favor, it was he who emerged from the bust relatively unscathed. As O'Loughlin fawns, ""We may never see the like of Warren E. Buffett again.""