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Book reviews for "TenHouten,_Warren_David" sorted by average review score:

Winona Ryder
Published in Hardcover by Little Brown & Company (1997)
Authors: Holly George-Warren, David Wild, and Us Magazine
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Pretty good, could use more info
I picked this up since it seems to be the only good Winona Ryder book out there. Some good pictures are in here, as well as some interesting articles. But this is no biography. It's more like a scrap book of articles from the past. However, it's still quite interesting. I only wish there was more articles about the woman herself, and not her movies.

The Greatest Book about Winona Ryder
There are lots of books about Winona Ryder. But this book is the best... Lots of pics and information in it let You buy this greatest book.


The New Buffettology: The Proven Techniques for Investing Successfully in Changing Markets That Have Made Warren Buffett the World's Most Famous Investor
Published in Hardcover by Scribner (2002)
Authors: Mary Buffett and David Clark
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good book for beginners
This is a useful starting book for beginners who like to dig gold in the stock market. It tries to sell its ideas including "long term investment","selective contrarian strategy"and "durable competitive advantage", which I found quite useful. The earlier a beginner reads, the more he will benefit.

However, the drawbacks are also obvious. The word "New" doesnot really represent a really new buffettology; and it is too wordy. The length of the book can be reduced to at least 70% of its length now. Some of the sentences have been repeated by too many times.(which is just to make the book thicker, and more expensive:P)

All_in_all, it is a 3-4 stars book and especially good for beginners. A useful but not a great book.

Great book, now improved
This book is an improved version of their original. Particularly better was the coverage on what makes a durable competitive advantage. Also, the formulas and approach was organized better.

By reading the negative reviews of this book and its original you will find that this is a book written to be easily read. The authors did a great job of cleaning up the the "I knew Warren" tone of the first book.

The only drawback of this book is its over-simplifying the complications that can occur when you do a value approach - particularly when you look at real data. Still, this new book gives many examples to walk the reader through the methodology.

There is no statistical results shown that this method does indeed beat the market. You have to take it on faith that this methodology is used by Buffet, that it is what produced his great success, and that it can be duplicated in today's market.

Still, this is a great book, and I recommend it to investors, and to businessmen who need to understand more about "durable competitive advantage" and the kinds of businesses they should be creating. There is much more that needs to be said about competitive advantage. There are several books on this (starting with Michael Porter). This book gives a simplified version.

I think it is important to know that Buffet is not a Jack Welch type of manager. I would say he is closer to a Harold Geneen in that he is more of a "rentier" than a get-in-the-trenches manager/leader like Welch. This effects his choice of businesses. His approach is to own the only gravel pit in the county, and milk it for many years. This is certainly a good approach, but one that is difficult to pull off because a competitive advantage is difficult to hold on to.

It appears that significant monies were made by Buffet using investments not following this method (hedging, speculating on interest rates). These have provided buffers against when the value investing techniques didn't work.

Perhaps most important in the author's and Buffet's approach is the use of stock selection criteria that are outside of the radar of the average investor. And, that criteria is the screening on "durable comepetive advantage." Few investors screen stocks on this qualitative data. If this criteria indeed selects successful companies then you will do better than those without this information (assuming you buy right).

After reading this book, you can find out more on competitive advantage and stock prices by reading the books by A. David Silver (Quantum Companies). He is one of my favorite authors on durable competitive advantage. You should also read some of the recent books on how to research companies, like the one by Hoover.

There are many books on value investing. There is even a "Dummies" book on it. All of these are recommended because you will find that there can be a lot more to it than presented in this book. I would think that some kind of value investing test should be a requirement for all CEO's. Hopefully such a focus would keep certain CEO's and their partners-in-crime (CFO's) from focusing on hyping up the stock price through fraud, and get back to producing real business results. This book does not tell you how to detect puffed up earnings and fraudulent balance sheets. You'll need to read other value investing books for this.

Overall, I believe that if you follow the simple formulas in this book, you will find good value stocks. Buy this book, rather than the other previous ones.

John Dunbar
Sugar Land, TX

A Great Book For Making Money In Bear Markets
I've read all the "Buffett Books" and the Buffettology seies is the by far the best! Proof is pudding and these books have made me lots of money and, most important, have kept me from losing money. The New Buffettology explains how Warren Buffett avoided being slaughtered when the high-tech bubble imploded. It also explains in great detail how Buffett determines what companies to invest in during bear markets - a great thing to know! I bought this book (and I buy few new books because I sell used books for a living) because of the recommendation on the back by Tim Vic the celebrated author of "Wall Street on Sale" - in the world of value investing Tim Vic is the man - and I'm glad I didn't wait for it to come into the store! I highly recommend it for all serious investors who are interested in making money in this market! (If you read the original Buffettology -like I did -you are going to find that The New Buffettology explores new material that wasn't in the original - specifically how Warren determines when a market has topped or bottomed, plus the book contains the calculations that Buffett uses to determine when to sell a stock - something I've never seen before. Also there is an updated list of every stock Buffett has invested in - including his most recent investments - and a list of stocks that he will probably be looking to buy in this market. I also liked the in-depth study of Warren's arbitrage operations.) All in all it's a great book on the investment methods of Warren Buffett - the greatest investor of all time. I give it five stars and two thumbs up!!!


The Buffettology Workbook: Value Investing The Warren Buffett Way
Published in Paperback by Fireside (2001)
Authors: Mary Buffett and David Clark
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Warren Buffett - deja vu
Mary Buffett's second book on her former father-in-law's investment techniques is a big disappointment. Most of the chapters in this second books are a complete re-write of her first offering.

Each chapter ends with a few rather simplistic questions, and a review of each chapter "key points". Many if not all of the same mistakes - both financial and grammatical are repeated in this second book.

Unlike her first book - Buffettology - Mary Buffett does include a few case studies at the end of the book as they relate to actual stock purchases by Warren Buffett.

Beginner and serious devotees of Warren Buffett's investment style are better served with her first book, or better still by reading Warren Buffett's letters to shareholders or any of the other fine books on the same subject matter. Investors can skip this workbook.

An excellent tool for the individual investor...
Written by Mary Buffett, former daughter-in-law of Warren Buffett, and David Clark, a portfolio manager, "The Buffettology Workbook" is the best investment I've ever made. The financial formulas you'll find in this book are all the ones they should teach in business school, but don't.

The book is broken down into 23 chapters, each no more than a few pages, so you can read a chapter a day (and continue to review the chapters for the rest of your investing career). The first seven chapters give a breakdown of Warren's investment philosophy, value investing. Here, you learn about the short-sightedness of the market and the bad news phenomenon. Also, the authors identify the difference between commodity-type businesses and consumer monopolies, and tell you why it's far better to own consumer monopolies. Once you understand these concepts, you're halfway toward success as an investor. Now, you need to learn how to identify the correct buying opportunity. That's where the true value of this book comes into play, offering formulas and equations you won't find most books.

The remaining chapters in the book focus on the examination of financial statements, the acquisition of pertinent information (what's important and what's not), then they tell you how determine an investment's desirability. You'll learn the value of high rates of return on shareholder equity, how to measure management's ability to utilize retained earnings, and Warren's ideas for the Internet and short-term arbitrage commitments.

I read this book beginning to end the day I got it, but I'll continue to familiarize myself with its formulas for the rest of my investing career. Although it marks only the beginning of one's investment knowledge, learning these bedrock principles are what separate successful investors from mere average ones... Buy this book!

Britt Gillette
Author of "Conquest of Paradise: An End-Times Nano-Thriller"

I loved this book
This is a great book if you are really into Warren Buffett. If you aren't try one of the easier books. It is designed to walk you step by step through how to identify a Buffett type investment. It has a work sheet in it that I've made a standard in my investment program. It's already making me money. Your money is well spent here.


The Bear's Bicycle
Published in School & Library Binding by Little Brown & Co (Juv Trd) (1975)
Authors: Emilie Warren McLeod and David M. McPhail
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Clever story, beautifully illustrated
My twin boys (22 months) continue to laugh hysterically at this book and somehow I haven't gotten tired of it yet. Wonderful illustrations with a very nice close. A bit of cartoonish violence(bears on bicycles running into mailmen) might put it in the not-for-everybody category, though.


Discipline from Birth to Three: How Teen Parents Can Prevent and Deal With Discipline Problems With Babies and Toddlers (Teens Parenting Series)
Published in Hardcover by Morning Glory Press (1998)
Authors: Jeanne Warren Lindsay, Sally McCullough, and David Crawford
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Review from a teen mom
I thought that this book was very good. I loved the quotes from actual teen parents- I could really relate. The suggestions were very good. The only thing I didnt really like was that there wasn't enough focus on teen parents that were possitive.


Why I Have Not Written Any of My Books (French Modernist Library)
Published in Paperback by Univ of Nebraska Pr (1998)
Authors: Marcel Benabou, David Kornacker, and Warren Motte
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Arch and poignant metafiction (some will find insufferable)
This somewhat autobiographical sort of a novel, first published in French in 1986, won the Black Humor Prize. The most interesting part is a sketch of the author's background--as a child of a Sephardic Jewish family that had been in Morocco for four centuries. He assumed he was destined for greatness (as a writer) and sees this as a sort of ontogeny for the phylogeny of the Chosen People. Both as a 20th-century Jew and as someone who (like Camus) feels lost the paradise of living under the North African sun (living in the dingy, gray Paris of the 1950s), he believes he has a duty to remember.

His later book _Jacob, Manahem, and Mimoun_ fulfills that duty in a fuller way, though that book, too, is about the failure to create the literary masterpiece he always expected from himself. Bénabou (and/or his narrator) has conceived many masterpieces, but shied away from apprentice works, or, indeed, from writing more than a few pages of any of his grand designs. "What had been a confident wait imperceptibly transformed itself into torpor."

The book about his nonbooks (the books he didn't write) starts over and starts over and starts over, but, aided by some very apposite quotations about writing from myriad other writers, details the ultimately impossible love of an author who can not bring himself to besmirch beautiful virgin sheets of white paper even to create the literature that would redeem his claim to be a writer.

In addition to the universal reasons for putting off writing (especially the ease of reading instead: Bénabou characterizes his compulsive reading as a form of bulimia), a French writer has to beware the "reigns of theoretical terror which generally crop up in the most protected circles and make of reality the negligible byproduct of a few concepts."

Many people have realized that being unsuited for writing and even unable to string more than a few words together does not remove the desire to be a writer. Without venturing beyond the struggle with writing (to the absurd lot of blocked writers such as Anthony Burgess' Enderby or Michael Chabon's Grady Tripp) Bénabou makes being a writer who does not and cannot write archly funny and even poignant.

I characterize it as a "sort of novel" because nothing happens, not even a change of consciousness of the narrator. The "somewhat autobiographical" links to the lost Moroccan Jewish world, and, perhaps, to not being able to write anything remotely conventionally a novel. However, Bénabou, who has earned his living as a professor of ancient history, published a book in 1976 on African resistance to the Roman Empire, and had published another eight as the 'Definitely Provisional Secretary' of Ouvroir de Littrature Potentielle (the Workshop of Potential Literature founded in 1960 by the playful Raymond Queneau and of which the master of metafiction, Italo Calvino, joined), so was not so blocked as the narrator of _Why_.


Wild About Wildflowers : Extreme Botanizing in Crested Butte, Wildflower Capital of Colorado
Published in Paperback by Heel & Toe Pub (01 June, 1998)
Authors: Kathy Darrow Warren, Katherine D. Warren, Kristen Anderson, David Barker, and Paul Rich
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wonderful reminder of a gorgeous summer mountain
This book has such a wealth of material about the plants of the Colorado mountains. It's not just pictures, though the photos are excellent, and botannical basics but also explanations of where the plants' common names originated and how they have been used medicinally. Its only failing is that it doesn't cover more.


Buffettology: The Previously Unexplained Techniques That Have Made Warren Buffett The Worlds
Published in Paperback by Fireside (1999)
Authors: Mary Buffett and David Clark
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Pop synthesis of Buffett investment strategy
I thought this was a pretty dreadful read, actually. First up, one has to be circumspect about the fact that the author was divorced out of the Buffett family circle. As if to counter any alienation claim, Ms. 'Buffett' (strange, that) repeatedly refers to the master as 'Warren'. 'Warren thinks this, Warren did that' and so on -- pretty tedious after the first ten pages. In terms of presenting the investment rationale behind Berkshire's astounding return (23.8% compound), the book does an okay job -- although some readers may find tutelage in the ways of operating a calculator a little superfluous. To be honest, it's almost as if Ms. Buffett discovered the joys of compounding and IRR for the first time herself, while writing this book. At no point does she really adequately address the real magic...arriving at the correct discount rate, on which all purchase price decisions should be based...at no point does she really give an insight into Buffett's mistakes. Finally, the commercial strategy runs deeper than picking consumer monopolies over commodity businesses...the value-added would have been in this grey area of Buffett's thinking. Bottom-line, I came away feeling pretty disappointed. Re-read Security Analysis or the Warren Buffet Way instead.

Some possible clarifications
I liked reading Buffettology. I'm somewhat new to investing and found the principles of valuation enlightening. However, there are some necessary clarifications for the naive like me and others. First, I don't think the small time investor could ever even approach Buffett's record (not even a 15 % compounding rate of return). He's the only one in history to have achieved his remarkable rates of return over 30 odd years. Secondly, Buffett is not a mutual fund mananger but a business acquirer who applies the principles of value investing. It becomes easier to earn higher rates of return when you have the power to influence the direction of major management decisions. This is how he adds value for the shareholders and is one of the less discussed "ingredients" in Chef Buffetts arsenal. With these ideas in mind, the small time investor without the enormous capital required to acquire a major holding in a business could be undertaking high risk when building a concentrated portfolio. Therefore, a stock picking strategy may not work for us. So I would say that with the right perspective this book is valuable, but should be read with a cautious eye. I would like to hear from any small time investor who has succeeded(achieved a 15 % rate of return or higher over 15 years)using a concentrated portfolio and a value investing strategy.

Perfect entry into the investment world...
Buffettology is a (thankfully) detailed financial guide for the stock market. The them of the book is how Warren Buffett made his Billions through value investing. This book answers the question: What makes a good investment yield above average returns? And of course: How should I evaluate a company? This is a great stock ice breaker.

When I originally read this book I thought that Mary Buffett might just be using her name to make a quick buck. I was wrong. She (along with Buffettologist David Clark) know what the financial arena is composed of, and how to exploit it. As an added bonus this book provides a glimpse into Warren Buffetts private life and the origins of his investment philosophy. It even deals with Grahams philosophy of buying whatever is "on sale."

In the back of the book is a chapter devoted to the companies that Buffett is looking at. While it is approximately 4-5 years since this book went into publication, these companies are still very good to start a portfolio with.

Warren Buffett was asked once, "When is the best time to sell?" His reply followed suit with one of his personal heroes, "Never!" Imagine the security in knowing that you didn't have to worry about the short-term market as long as over the long-term you were virtually guaranteed to do very well.

A great investment book.


Graveyard: True Hauntings from an Old New England Cemetery
Published in Hardcover by St. Martin's Press (1992)
Authors: Ed Warren, Lorraine Warren, and Robert David Chase
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Great new material from the Warrens
Graveyard is an excellent collection of real account ghost stories and reportings centered around Union cemetary near the authors home in Conneticut. The book presents some historical lore how family curses followed some of the first settlers of the region. Then documented stories are presented. Most interesting ones are the ghost lady in white pestered by small black creatures, the cross country skier whose death was imminent after meeting the ghost pionneer, and the radio shock jock who changed his ways. There are some photo's in the book but it always seems more interesting pictures's could have been included to make this a 5 star book.

The Warrens are a devout couple who have made it their life long goal to assist clergymen in the rescue of people afflicted or possessed by demonic spirits. Another book, and I think their best book by far, is the Demonologist by Gerald Brittle which deals with demonic cases. Unfortunately the book is out of print. If you can find it, buy it because it is well written and exciting and at the same time sobering to read.

If you have an interest in the occult, this book's for you!
For anyone who has an interest in demonology or the occult, this is book is definitely a must read. The research of Ed and Lorraine Warren is shown along with stories of terror which will chill the bones of even the most stoic reader. Read of how a girl's guilt about her friend's death leads her to dark measures, or how a radio personality is shown that his cracks about the afterlife are not appreciated by some, living and dead. Those who are looking for a spine chilling read, I urge you to also remember...these stories are true!

A Great Creepy Fast Read
Sometimes I like to read true ghost stories just to make my insomnia more interesting. The Strange Passenger chapter's opening really made me laugh. It probably shouldn't have, because I know I would have been more freaked out than the man it actually happened to, but the way they wrote it out - prolonging the suspense - was great. I like that they also stress the folly and danger of meddling with black magic and ouija boards. That can't be stressed enough. You could devour this interesting book in an evening.


The New Buffettology: The Proven Techniques for Investing Successfully in Changing Markets That Have Made Warren Buffett the World's Most Famous Inves
Published in Digital by Scribner ()
Authors: Mary Buffett and David Clark
Amazon base price: $19.99

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