I am kicking myself why did it take me so long to pick up Roger Lowenstein's Buffet. It was lying on my bookshelf for such a long time. I think it is the best Warren Buffett book that I've read. I found it better than Alice Schroeder’s Snowball which I read last month.

Lowenstein's book is more objective in highlighting how Buffet made his investment decisions, though Schroeder’s is more detailed and focused on his personal life. He describes all of his major investing decisions in different chapters and shows us how his investment philosophy keeps evolving.

It is pretty clear that there is no single way in which Buffett invests. He has different parameters for different types of companies and situations. He also makes decisions based on personal considerations.

There will only be one Buffett and I don’t think his investment style can be copied. However, the best thing that we can learn from him is to develop our own investing strategy and think independently.