Buffett: The Making of an American Capitalist - A Brief Introduction to Darts Summary & Analysis

Roger Lowenstein
This Study Guide consists of approximately 46 pages of chapter summaries, quotes, character analysis, themes, and more - everything you need to sharpen your knowledge of Buffett.
This section contains 407 words
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A Brief Introduction to Darts Summary and Analysis

There are two basic schools of thought about investing in the stock market. The Efficient Market Theory says that a stock is worth whatever it will sell for, and the key to doing well is to diversify. The other school states that a stock's value should be based solely on the factual data available about a company, and the way to do well is to purchase only bargains and invest only in companies whose business you fully understand, for the long-term. Buffett has held to this latter school for most of his investing life, and it has "worn well with time." To the first school, picking stocks by throwing darts is just as valid as any other method; Buffett, they insist, has not been right, but merely lucky. Both schools have differed on...

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This section contains 407 words
(approx. 2 pages at 400 words per page)
Buy the Buffett: The Making of an American Capitalist Study Guide
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