Synopses & Reviews
Warren Buffett, Carl Icahn, and George Soros all started with nothing---and made billion-dollar fortunes solely by investing. But their investment strategies are so widely divergent, what could they possibly have in common?
As Mark Tier demonstrates in this insightful book, the secrets that made Buffet, Icahn, and Soros the world's three richest investors are the same mental habits and strategies they all practice religiously. However, these are mental habits and strategies that fly in the face of Wall Street's conventional mindset. For example:
-Buffett, Icahn, and Soros do not diversify. When they buy, they buy as much as they can.
-They're not focused on the profits they expect to make. Going in, they're not investing for the money at all.
-They don't believe that big profits involve big risks. In fact, they're far more focused on not losing money than making it.
-Wall Street research reports? They never read them. They're not interested in what other people think. Indeed, Buffett says he only reads analyst reports when he needs a laugh.
In The Winning Investment Habits of Warren Buffett & George Soros you can discover how the mental habits that guided your last investment decision stack up against those of Buffett, Icahn, and Soros. Then learn exactly how you can apply the wealth-building secrets of the world's richest investors to transform your own investment results.
"...Tier teaches readers to invest smartly by delving into the skills, philosophies & investment strategies of some of the world's richest self-made men..." - PW
"[He] has chronicled the mental habits that made Buffett and Soros the world's richest investors - and allowed him to give up the rat-race." -Jennifer Hill, The Scotsman
"One of the most exciting investment books to come down the pike in a while."
-Laissez Faire Book Review
"...Tier's approach is especially valuable because Soros's and Buffett's methods are so often different- yet, as Tier shows...amazingly similar. Great book - something I rarely say about this genre." -Doug Casey, editor, International Spectator.
"...great read...I recommend it...gets to the essential reasons for the investment success of Soros and Buffett better than any other book I have read..." - Chris Weber, editor, The Weber Global Opportunities Report
"Tier has written an excellent book. His chapter on exit strategies alone...is worth the price of the book." -Dr. Mark Skousen, editor, Forecasts & Strategies
"Peter Lynch, who produced an annual return of 29 percent during the years he ran the Fidelity Magellan Fund; legendary investors such as Bernard Baruch, Sir John Templeton, and Philip Fisher; and every one of dozens of other highly successful investors (and commodity traders) I've studied and worked with, all practice exactly the same mental habits as Buffet, Icahn, and Soros, without exception."--excerpt from Becoming Rich
About the Author
Mark Tier is an Australian writer and businessman who has lived and worked in Hong Kong since 1977. Seven years ago he adopted the wealth-building secrets in this book, sold his business interests, and now lives solely from returns on his investments.