EVEN BUFFETT ISN'T PERFECT

EVEN BUFFETT ISN'T PERFECT

That’s the title of a book written by Vahan Janjigian I finished reading just today. I bought it while I was on my way back from Melbourne to Darwin the last time. I was a bit early at the airport, so I got bored and bought the first book that looked interesting to me. Here is what I think about this book:

This book is a complete waste of time. There are a couple of things that make this book really a pain in the neck. Firs of all the style of it is just soooo bad. The author constantly repeats everything at least 5 times. Not only in each chapter you can often feel like having a deja vu. Throughout the whole book passages are repeated several times. Just the words used to describe are different. And then to top it all, at the end of each chapter the author sums the chapter up to the ‘key takeaways’. Each takeaway than has a comment that says the same like the key takeaway itself. You end up reading pages and pages that look like this:

The author writes about Warren Buffett, who is a great investor like we all know. As you find out later in this book, Warren Buffett is a great investor. But not only is Warren Buffett a great investor, there are also a lot of books about him. However this book also deals with Warren Buffet, the great long term investor.

Key takeaway:
Warren Buffett is a great investor.
Comment:
This book is about Warren Buffet, a great investor.

And this style of writing goes on and on and on. You know what i mean? This is not only annoying, but it also gives the reader the feeling that the author thinks everyone else but him is an idiot and that’s why he has to explain everything so often.

Furthermore, the book is nothing than a collection of well known facts. Nothing special, everything that is in this book can be found in the internet. Janjigian doesn’t go much in detail either. He just mentions one of Buffetts investments after the other. There is no single chapter that reveals something new or interesting. It’s just sooo unbelievable boring to keep on reading this book.

If this is “the best book on Buffett in years” as Lawrence Kudlow (CNBC) writes on its cover, I am very glad that I didn’t read the bad ones!

So, please save your money and do yourself a favour: don’t buy this book! :-)