This book is a little different from most investment books because the investment principles are embedded in a story. The story centralises on the character named Sean, who was learning investing from an old man at a jetty. The old man was painted as Warren Buffett while ‘Sean’ should be the author himself.

I am not going to regurgitate the story in this post. Stories are meant to be enjoyed so go and read the book. I will highlight the main investment pointers in the book and add some of my thoughts.

Warren Buffett learned value investing from Benjamin Graham and it was Charlie Munger who introduced Philip Fisher’s concept of growth investing to Buffett. The latter was what made Buffett one of the richest man in the world. As narrated in the book,

“With the old method of buying undervalued businesses, we made millions, but with the new method, ...