Warren Buffett and the Art of Stock Arbitrage is the first book to examine Buffett’s special brand of arbitrage investing. It explains how Buffett finds deals, evaluates them, picks the winners from the losers, and when he is willing to use leverage to help boost his performance in these investments to make amazing profits. It takes readers step-by-step, from the initial public announcement to tendering shares, explaining how Buffett evaluates risk and maximizes his profit at every step.
Praise for Warren Buffett and the Art of Stock Arbitrage
“International bestselling authors Mary Buffett and David Clark explain how arbitrage turned Warren Buffett from a great investor into a worldwide phenomenon. Warren Buffett and the Art of Stock arbitrage takes you behind the scenes for a serious exploration of arbitrage techniques that work. I suggest you study and put into practice these simple concepts.”
— Gabriel Wisdom, author of Wisdom on Value Investing and syndicated radio host
"The use of arbitrage and special situation investing has always been Warren Buffett’s golden lever; yet few investors have realized its value in portfolios, until now. Kudos to David Clark and Mary Buffett for finally bringing these strategies to light and revealing the final puzzle pieces in buffett’s great career."
— Timothy P. Vick, Senior Portfolio Manager, The Sanibel Captiva Trust Co., author, How to Pick Stocks Like Warren Buffett