Secret double-life - Warren Buffet spices things up with leverage

Launch Forbes

What does this book tittle tell you: Warren Buffett and the Art of Stock Arbitrage: Proven Strategies for Arbitrage and Other Special Investment Situations?
Another book about the Oracle of Omaha? More close your eyes and buy advice? How about the Arbitrage word? Why such long title and subtitle?
Let me tell you, what the book does contain are awesomely and incredibly interesting insights! None of the boring buy-Coca-Cola Buffett stuff. This book is certainly not about buying something and not worrying about the market closing for five years. No sir; Warren Buffett is sort of coming out of the closet here. It turns out that he does use leverage after all. Moreover, he uses it with gusto! So much so that his otherwise lower performance is super charged thanks to his being a naughty boy.

Warren Buffett and the Art of Stock Arbitrage

That these facts came as a surprise to me is an understatement. Who knows what else we will learn next. Maybe we will uncover his disdain for taxes on a future book about him. We will have to wait and see.
For now, the Warren Buffett and the art of arbitrage book is easy to read and short; yet it comes packed with everything from Graham math to various arbitrage techniques for outstanding returns. If you dare to self-direct your investments and are comfortable with looking deeper than the surface, I strongly suggest this book; not because it is about Warren, but because the content is racy in an investment-geek sort of way.







Book Title: Warren Buffett and the Art of Stock Arbitrage
Book Subtitle: Proven Strategies for Arbitrage and Other Special Investment Situations
Author: Mary Buffett
Author: David Clark
ISBN: B004UBL79S