The Four Filters Invention of Warren Buffett and Charlie Munger

The Four Filters Invention of Warren Buffett and Charlie Munger examines each of the basic steps they perform in framing and making an investment decision. This book is a focused look into this amazing invention within Behavioral Finance. The genius of Buffett and Munger's parsimonious four filters process was to capture all the important stakeholders in a multi-variable equation or formula. Imagine...Products, Enduring Customers, Managers, and Margin-of-Safety... all in one mixed qual + quant formula. Other important ideas are embedded in each chapter. The book can be used as a supplemental textbook in a Valuation or Decision Sciences course.