Warren Buffett Invests Like a Girl: And Why You Should, Too (Motley Fool) (Motley Fool Books) - Hardcover

LouAnn Lofton; The Motley Fool

Hardcover

ISBN 10: 0061567558 ISBN 13: 9780061567551

Publisher: HarperBusiness, 2011

Synopsis

Warren Buffett and all of the women of the world have one thing in common: They are better investors than the average man, a fact proven by psychologists, scientists, and the value of their portfolios. In this well-researched, eye-opening, and wonderfully witty must-have book, the impresarios at The Motley Fool show that women, with their capability for patience and good decision-making, epitomize the Foolish investment philosophy, and the investment practices of the most successful investor in history: Warren Buffett. While men tend to be too confident, compulsive, and overly daring, women tend to be more studious, skeptical, and reasonable - traits that have led them to consistently outperform their male counterparts as investors. Unlike men, women spend more time researching their investment choices - knowledge that helps them avoid hot tips and trading on whims. Women trade less than men; their lack of confidence actually helps them choose more wisely and results in higher dividends and lower costs. And women consider more than just the numbers when making trading decisions. They invest in companies they feel good about ethically and personally -companies with good products, good services, and ethics that tend to have better long-term prospects and face fewer lawsuits. "Warren Buffett Invests like a Girl" is essential reading for every investor, revealing how both men and women can use these principles to create healthy and profitable portfolios.

About this title

Review:

Its rare for a book on finance to be so engaging but this is bright, insightful and inspirational. --Stylist Magazine

From the Back Cover:

Investing isn't a man's world anymore—and that's a good thing for individual portfolios, Wall Street, and the world's financial system.

Warren Buffett and the women of the world have one thing in common: They are better investors than the average man. Psychologists and scientists have shown that women have the kind of temperaments that help them achieve long-term success in the market. The calamities of the past several years have only provided more statistical and anecdotal evidence of the same. Here are just a few characteristics of female investors that distinguish them from their male counterparts:

• Women spend more time researching their investment choices and tend to take less risk than men do. This prevents them from chasing "hot" tips and trading on whims. Women are also more likely to seek out information that challenges their assumptions.
• One study found that men trade 45 percent more often than women do, and although men are more confident investors, they are also more susceptible to becoming overconfident. By trading more often—and without enough research—men reduce their net returns and increase transaction costs and capital gains taxes.
• Women aren't as susceptible to peer pressure as men are, which results in a more levelheaded, patient approach to investing.
• Women have less testosterone than men do (not a surprise, we know). New and continually unfolding science points to the possibility that testosterone is responsible for herdlike risk-taking behavior from men in the financial markets.

This book shows that women, with their patience and good decision making, epitomize the Foolish investment philosophy, as well as the investment temperament of the most successful investor in history: Warren Buffett. While men may be brash, compulsive, and overly daring, women tend to be more studious, skeptical, and reasonable. The book will empower and educate women—and the men smart enough to embrace a "feminine" investing style—on how to strengthen their portfolios and find success in the market.

About this edition

• Publisher: HarperBusiness
• Publication date: 2011
• ISBN 10: 0061567558
• ISBN 13: 9780061567551
• Binding: Hardcover
• Number of pages: 272