Warren Buffett and the interpretation of financial statements : the search for the company with a durable competitive advantage /
Buffett and Clark clearly outline Warren Buffett's strategies in a way that will appeal to newcomers and seasoned Buffettologists alike. Inspired by the seminal work of Buffett's mentor, Benjamin Graham (The Interpretation of Financial Statements, 1937), this book presents Buffett's i...
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| Format: | Book |
| Language: | English |
| Published: |
New York :
Scribner,
2008.
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| Edition: | 1st Scribner hardcover ed. |
| Subjects: | |
| Online Access: | Publisher description Sample text Table of contents only Contributor biographical information |
| Summary: | Buffett and Clark clearly outline Warren Buffett's strategies in a way that will appeal to newcomers and seasoned Buffettologists alike. Inspired by the seminal work of Buffett's mentor, Benjamin Graham (The Interpretation of Financial Statements, 1937), this book presents Buffett's interpretation of financial statements with anecdotes and quotes from the master investor himself. Potential investors will discover: Buffett's time-tested dos and don'ts for interpreting an income statement and balance sheet; why high research and development costs can kill a great business; how much debt Buffett thinks a company can carry before it becomes too dangerous to touch; the financial ratios and calculations that Buffett uses to identify the company with a durable competitive advantage--which he believes makes for the winning long-term investment; how Buffett uses financial statements to value a company; what kinds of companies Warren stays away from no matter how cheap their selling price.--From publisher description. |
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| Item Description: | Includes index. |
| Physical Description: | xviii, 202 pages ; 20 cm. |
| ISBN: | 9781416573180 1416573186 |