Outside Forces that change the course of your life.

Thanks Bob and Gordon for sharing those life-changing moments!

It's hard for me to pin down just one thing which have affected me.... I believe various books have had quite an impact on my life so far....

Regarding business, one of the first books I bought on business is "Making It!" by E. Joseph Cossman and William A. Cohen. That book really opened my eyes to what is possible. Before that, I had no clue about business whatsoever (and I'm still learning a lot).

Reading a book by an expert is like the next best thing to having a personal consultation with that expert. Gordon spoke about Harvey Brody before, and he said that apparently Harvey Brody was one of Joe Cossman's students (if I remember right)....

Another book which has impacted me was the book "The Warren Buffett Way" by Robert Hagstrom, Jr. This is a book which purports to show you some of Warren Buffett's investment techniques.

(I've linked to this book below for those who are interested....)

I mastered what the book teaches - including being able to mathematically reproduce the various results which Robert Hagstrom, Jr. gives you in the tables in the back, but which he never clearly explains in the book. I created my own spreadsheet, based on this method, for picking stocks, and I've been picking stocks (with pretty good success) ever since. I know that if I could build up a "nest egg" of around $200,000, that I could probably retire quite comfortably and securely on what I could make simply by investing that money. (That is, if I wanted to retire -- which I probably wouldn't. :)

I'm thinking about turning my spreadsheet into a software product, along with a manual on how to use it to pick good, safe, solid growth-stocks that are currently undervalued (which means that they are selling for a lot less than they are worth)....

The technique is mathematical, so the idea would be to have the software do the mathematics for you. :)

Well, there's a lot more than that.... I think things have generally been more gradual for me in my life. I tend to make changes after long considerations.... :)

Dien




The Warren Buffett Way....