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Following on from Hagstrom's "The Warren Buffett Way", this book encapsulates the author's ability to discover investment trends, while introducing them to the intelligent lay reader Robert Hagstrom explains what focus investing is, how it works, and how investors can apply it. He demonstrates how Buffett arranges his stocks in a focus portfolio and reveals why this is as responsible for his returns as the individual stocks he picks. Ultimately, Hagstrom shows how to use this technique to achieve the best possible results. In order to clearly outline the strategies and philosophies of focus investing, this book draws on Warren Buffett and others including John Maynard Keynes and Philip Fisher, Bill Ruane, Lou Simpson, and Charlie Munger
ROBERT G. HAGSTROM is the author of the New York Times bestseller The Warren Buffett Way and The NASCAR Way: The Business That Drives the Sport. Hagstrom is Senior Vice President and Director of Legg Mason Focus Trust Mutual Fund.