Becoming Rich: The Wealth-Building Secrets of the World's Master Investors Buffett, Icahn, Soros

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Macmillan, Apr 1, 2005 - Business & Economics - 368 pages
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Warren Buffett, Carl Icahn, and George Soros all started with nothing---and made billion-dollar fortunes solely by investing. But their investment strategies are so widely divergent, what could they possibly have in common?

As Mark Tier demonstrates in this insightful book, the secrets that made Buffet, Icahn, and Soros the world's three richest investors are the same mental habits and strategies they all practice religiously. However, these are mental habits and strategies that fly in the face of Wall Street's conventional mindset. For example:

-Buffett, Icahn, and Soros do not diversify. When they buy, they buy as much as they can.

-They're not focused on the profits they expect to make. Going in, they're not investing for the money at all.

-They don't believe that big profits involve big risks. In fact, they're far more focused on not losing money than making it.

-Wall Street research reports? They never read them. They're not interested in what other people think. Indeed, Buffett says he only reads analyst reports when he needs a laugh.

In Becoming Rich you can discover how the mental habits that guided your last investment decision stack up against those of Buffett, Icahn, and Soros. Then learn exactly how you can apply the wealth-building secrets of the world's richest investors to transform your own investment results.
 

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LibraryThing Review

User Review  - Parthurbook - LibraryThing

Essentially two books in one: 'The Essays of Warren Buffett' and 'The Alchemy of Finance' by Soros. This is really an extended abstract of both, knitted together into a framework for an investing ... Read full review

Becoming rich: the wealth-building secrets of the world's master investors, Buffett, Icahn, Soros

User Review  - Not Available - Book Verdict

The world is full of get-rich-quick schemes, but this definitely isn't one of them. Instead, Tier, founder of World Money Analyst, a newsletter with subscribers in 119 countries, teaches readers to ... Read full review

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About the author (2005)

Mark Tier is an Australian writer and businessman who has lived and worked in Hong Kong since 1977. Seven years ago he adopted the wealth-building secrets in this book, sold his business interests, and now lives solely from returns on his investments.

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