Warren Buffett and the Interpretation of Financial Statements: The Search for the Company with a Durable Competitive Advantage

Warren Buffett and the Interpretation of Financial Statements: The Search for the Company with a Durable Competitive Advantage

$29.43
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Warren Buffett and the Interpretation of Financial Statements: The Search for the Company with a Durable Competitive Advantage

Warren Buffett and the Interpretation of Financial Statements: The Search for the Company with a Durable Competitive Advantage

$29.43
Sale price  $29.43 Regular price  $29.43
SKU: DADAX1416573186
ISBN: 9781416573180
Publisher: Scribner Book Company
Availability: In Stock
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Description

With an insiders view of the mind of the master, Mary Buffett and David Clark have written a simple, easy-to-follow guide for reading financial statements from Warren Buffetts successful perspective.Buffett and Clark clearly outline Warren Buffetts strategies in a way that will appeal to newcomers and seasoned Buffettologists alike. Inspired by the seminal work of Buffetts mentor, Benjamin Graham (The Interpretation of Financial Statements, 1937), this book presents Buffetts interpretation of financial statements with anecdotes and quotes from the master investor himself. Potential investors will discover: -Buffetts time-tested dos and donts 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 Once readers complete and master Buffetts simple financial calculations and methods for interpreting a companys financial statement, theyll be well on their way to identifying which companies are going to be tomorrows winners-and which will be the losers they should avoid at all costs. Destined to become a classic in the world of investment books, Warren Buffett and the Interpretation of Financial Statements is the perfect companion volume to The New Buffettology and The Tao of Warren Buffett.

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Product Notice This book is sold in used condition unless explicitly stated as new. Condition is graded and described accurately. Some books may contain previous owner's markings, highlights, or inscriptions. This product may contain chemicals known to the State of California to cause cancer or reproductive harm. For more information visit www.P65Warnings.ca.gov

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