Hagstrom obtains permission to quote from Berkshire Hathaway reports and provides case studies of Buffet's major investments. His investment and acquistion strategies that have resulted in him winning the market time and time again are reviewed extensively. Buffett does not buy stocks, he buys companies. Not only that, he buys and holds. A good review of the influence of Buffett's mentors like Ben Graham and Philip Fisher is also undertaken. This is a must read for people looking to profit in the market.