Bud Labitan

Book Recommendations by Gates, Buffett and Munger

These men are not going to recommend books about themselves. However, I wish to point out that my book attempts to carefully explain the genius of Buffett and Munger's contribution to Behavioral Finance.

In my view, Buffett and Munger advanced the area of "decision framing" and outlined a sensible approach to valuation by including all the important stakeholders in a four "decision cluster" process.

"The Four Filters Invention of Warren Buffett and Charlie Munger" paperback is available from Amazon.com and the audio cd version is available from Lulu.com here: www.lulu.com/content/5...

Here is a short audio clip for your readers to review. And, pay special attention to the last minute of the audio. It is a bit scratchy, but careful listeners will appreciate its historical significance.
frips.com/4m.mp3

Bud Labitan
frips.com

Wall Street Breakfast: Must-Know News

On the issue of BUD, InBev warned Anheuser-Busch (BUD) Sunday that "no alternative transaction that you could effectuate would create more value for your shareholders." Are they right or wrong?
I do not know. In my view, Mr. Buffett will look at the situation seek:

1. a better understanding of this situation

2. evaluate how this situation affects enduring competitive advantages

3. assess all the main managers involved

4. assess the impact to BRK's investment in BUD

Just my opinion,

Bud Labitan
frips.com
Author, "The Four Filters Invention of Warren Buffett and Charlie Munger"