Yefei Lu is a portfolio manager at Shareholder Value Management AG, a value-investment company based in Frankfurt, Germany. Previously, he worked for a single-family investment office in Munich and for McKinsey & Company in Berlin. He holds an MBA from the London Business School and a Bachelor of Science in Economics from Stanford University.
By examining twenty of Warren Buffett's investments over a fifty year period from 1960 through 2011, the author discusses Mr. Buffett's likely analysis of each one and the lessons to be learned from them. This book should appeal to value investors and those wanting to benefit from Warren Buffett's investment experience. -- M. Ali Khan, Abram Hutzler Professor of Political Economy, Johns Hopkins University Buffett has talked extensively about his investment philosophy but unfortunately less so on actual investments. By digging up long forgotten annual reports and sharing his own thoughtful insights, Yefei does an excellent job of filling in missing pieces of the puzzle in understanding how Buffett invests. -- Robert Vinall, CEO, RV Capital In the crowded market for books about Warren Buffett, portfolio manager Yefei Lu has written a uniquely valuable, information-packed volume. This instant classic analyzes twenty of Buffett's most notable investments, starting in 1958 and continuing through this decade. A must read! -- John Mihaljevik, publisher, The Manual of Ideas A simple and useful analysis of Warren Buffett's twenty key investments over the course of his fifty-plus-years career. Lu has done a great job in illustrating the key factors that Buffett paid attention to in assessing the risk-reward profile of each investment. There are many lessons to be learned in this book for anyone interested in long-term investing. -- John Elkann, Chairman and CEO, Exor