This book examines each of the basic steps Buffett and Munger use in framing and making an investment decision. It is a focused look into an amazing invention within Behavioral Finance. In the authors opinion the genius of Buffett and Munger's four filters process was to capture all the important stakeholders in a four cluster process. Imagine...Products Enduring Customers Managers and Margin-of-Safety... all in one mixed qualitative + quantitative formula.
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