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

Robert P. Miles
3.4 out of 5 stars  See all reviews (10 customer reviews)
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Book Description

Mar 23 2001
Discover why the model-investment-firm-turned-household-word is the perfect investment--for virtually anyone
Robert Miles is a successful entrepreneur, business owner, and investor who believes that everyone can be a smarter investor regardless of background, education, and income. In fact Miles says that one investment is ideal for virtually everyone to own--Berkshire-Hathaway. Miles has attended the annual shareholders meeting for years, has met Warren Buffett, and is considered a company "insider" and Berkshire-Hathaway expert. In 101 Reasons to Own the World's Greatest Investment, Miles offers his insights into what makes Berkshire-Hathaway so profitable and why shareholders get such value for owning the stock. Among his explanations: Berkshire-Hathaway is run sensibly and frugally by Buffett--there are no lavish corporate head-quarters or extravagant spending by company executives. The company invests in companies it determines will produce steady profits for the shareholders rather than those companies with a history of erratic performance. This accessible, well-researched look at the leading company's investment strategy has received an "unofficial" endorsement by Buffett himself.
Robert P. Miles (Tampa, FL) is an entrepreneur and owns a small business. He is a graduate of the University of Michigan Business School, has been an active shareholder of Berkshire-Hathaway for a number of years, and is frequently asked to speak to other investor groups about Buffett.

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From Amazon

101 Reasons to Own the World's Greatest Investment is the result of Robert Miles' comments on an online message board. He showed up on one of The Motley Fool's discussion boards as "Simple Investor" and began a series of posts entitled "101 Reasons to Own Berkshire Hathaway." The result is this book. If you've ever considered buying shares of BRK.A or BRK.B, then definitely buy it. 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

Review

"People that thought Buffett had lost it last year now think he's brilliant". -- USA Today

"People that thought Buffett had lost it last year now think he's brilliant". -- USA Today

"People that thought Buffett had lost it last year now think he's brilliant". -- USA Today


Inside This Book (Learn More)
First Sentence
Berkshire's historical outperformance has recently been documented by Goldman Sachs, hired by General Re for an opinion on the fairness of a merger with Berkshire. Read the first page
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Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
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Customer Reviews

Most helpful customer reviews
5.0 out of 5 stars Reason 102: buy 101 and invest with confidence April 24 2002
Format:Hardcover
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!
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5.0 out of 5 stars Highly Recommended! Jan 29 2002
Format:Hardcover
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.
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1.0 out of 5 stars Investment for Idiots Nov 28 2001
By A Customer
Format:Hardcover
(...) 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.
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Most recent customer reviews
1.0 out of 5 stars Barnum was right!
Robert P. Miles, aka simple investor, has written the worst book about Warren Buffett imaginable. I read all this when it first appeared on the Berkshire Chatter Board & was... Read more
Published on Nov 27 2001 by Michael F. Baute
5.0 out of 5 stars Read the Book/Bought the Stock
Enjoyed this book and came to the conclusion that I had to buy the stock. Looking for a safe, value investment for the long term and his book explained clearly why you should buy... Read more
Published on July 10 2001 by Richard M. Farrell Jr.
2.0 out of 5 stars 101 Reasons to Own the World's Greatest Investment
While Warren Buffett is without doubt the greatest investor of all time & Berkshire Hathaway has been a excellent investment for those who bought it in the 60s, 70s & even... Read more
Published on Jun 5 2001
1.0 out of 5 stars Wiley wilts.
I first read this book (not knowing at the time that it would be a book) as a series of email articles on the Motley Fool online discussion group. Read more
Published on May 20 2001 by E. Basham
5.0 out of 5 stars Lots of Short Chapters! Buffett fans will want to own this!
I really liked this book. It is well written, designed and researched. The Appendix section is a really big bonus. The 101 reasons are simple and clear. Read more
Published on April 23 2001 by Steve Nakamoto - Author of Talk Like A Winner - Men Are Like Fish - Dating Rocks - Wall Street Craps
5.0 out of 5 stars This is the only investment guide you'll ever need
I've bought a number of investment and personal finance books over the years and had good investments and bad investments. Tried to time purchases and time sales. Read more
Published on Mar 31 2001
4.0 out of 5 stars The Case for Owning Berkshire Hathaway Shares
The shelves are full of books that are aimed at helping you learn how to invest like Warren Buffett does. I generally find those books to be a waste of time. Read more
Published on Mar 21 2001 by Donald Mitchell
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