Dear Mr. Buffett: What An Investor Learns 1,269 Miles From Wall Street (精装) 047040678X

在线阅读本书 Janet Tavakoli takes you into the world of Warren Buffett by way of the recent mortgage meltdown. In correspondence and discussion with him over 2 years, they both saw the writing on the wall, made clear by the implosion of Bear Stearns. Tavakoli, in clear and engaging prose, explains how the credit mess happened beginning with the mortgage lending Ponzi schemes funded by investment banks, the Fed bailout and its impact on the dollar. Through her narrative, we hear from Warren Buffett and learn how his enduring principles caused him to see the mess that was coming well in advance and kept him and his investors well out of the way. Review Altogether this book is an excellent read, loaded with information about the goings–on in the financial sector in the US till as recently as September 2008. The style is informal, almost like a conversation in a lounge bar, racy, laced with wit and when it comments on leading actors in the drama, dipped in vitriol. Tavakoli is a name we will be hearing about frequently in the near future. – Vasant Gokarn, Business Standard

"Dear Buffett is must reading . . . in a way that only Tavakoli could provide. . . Tavakoli knows her stuff. She knows where the bodies are buried in the complex formulas. . . And, almost as a bonus, we get Buffett′s views and insights into his derivatives trading. There′s nothing more you could ask for in a financial book in this day and age of financial derivatives meltdown." ––Robert Wenzel, Economic Policy Journal

"...full of anecdotes, details and character sketches that add depth...she knows her stuff, has strong opinions and turns a colourful quote." (Financial Times, February 21st 2009)

"A clear and pacy run through the multitude of sins and sinners in the modern financial world. . . full of anecdotes, details and character sketches that add depth and colour to even the best known episodes of the past two years. [Tavakoli] also covers events only a few years before the current crisis that should have been big warning signs. The correspondence between Buffett and Tavakoli over the past three years reinforced her existing views on the dangers of complex finance. And with Buffett′s blessing, this book will find a ready–made fan base with little marketing effort. . . Tavakoli makes for an attractive pundit – she knows her stuff, has strong opinions and turns a colourful quote. . . There is a healthy dose of "I told you so" about this volume – but, to be fair, Tavakoli is one of the few who did." ––Paul J Davies, Financial Times

"[Tavakoli has] been railing against emperors wearing no clothes in the credit derivatives markets forever. If only people had listened." ––Andrew Tobias, AndrewTobias.com

"Why is this not an ordinary Buffett book? Because it concerns how an expert on derivatives came to know Mr. Buffett, and how the current crises were seen in advance by both of them. This book’s greatest strength comes from its ability to explain the messes we are currently in. No solutions, mind you, and Mr. Buffett ain’t handing out any of those either, but understanding how we got to where we are is of value, and Janet Tavakoli is nothing if not a good writer on those points.

There is a second theme — how a derivatives expert came to appreciate value investing. After all, when short term investing is focused on a

出版社	John Wiley & Sons
作者	Janet M. Tavakoli