How Buffet accumulated his wealth without deep knowledge of math or Fin Engi?

The short answer is that Warren Buffett combined quantitative aspects of investing (ie., Ben Graham) with qualitative aspects of investing (ie., Philip Fisher).

To get a better idea of these two approaches: Read Ben Graham's book: http://www.amazon.com/Intelligent-Investor-Definitive-Invest...

and Read Philip Fisher's book: http://www.amazon.com/Common-Stocks-Uncommon-Profits-Writing...

Both are good reads.

If I recall correctly Buffet studies Economics at the University of Chicago. His knowledge of math may be much deeper than you expect.

I think whole cost of capital think is pretty wack. Finance is a lot of funny math.

i heard only that he took advantage of families struck with unexpected inheritance taxes. All this other stuff is wicked interesting. Great post!

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