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      The Education of a Value Investor By Guy Spier

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      📖 Why to Read This?

      • What happens when a young hedge fund manager spends a small fortune to have lunch with Warren Buffett?

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      Description

      What happens when a young hedge fund manager spends a small fortune to have lunch with Warren Buffett? He becomes a true value investor.

      This book traces the arc of a transformation. Author Guy Spier started his career as a Gordon Gekko wannabe — brash, short-sighted and entirely out for himself. Then, a series of transformations and self-realizations led him from an investment banking job with a third-rate firm to managing his own fund, which has generated tremendous returns for his investors. His journey began with the discovery of Ben Graham’s The Intelligent Investor , then took him on a path to a life-changing meeting with the renowned investor Mohnish Pabrai, followed by his famous lunch with Warren Buffett. That $650,100 meal proved to be a bargain, teaching Spier some of the most valuable lessons of his life.

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