Warren Buffett and the interpretation of financial statements :
Buffett, Mary
Warren Buffett and the interpretation of financial statements : the search for the company with a durable competitive advantage - London Simon and Schuster UK Ltd. 2008 - xviii, 202 p Paper
IntroductionChapter 1: Two Great Revelations That Made Warren the Richest Person in the WorldChapter 2: The Kind of Business That Will Make Warren SuperrichChapter 3: Where Warren Starts His Search for the Exceptional CompanyChapter 4: Durability Is Warren's Ticket to RichesChapter 5: Financial Statement Overview: Where the Gold Is HiddenChapter 6: Where Warren Goes to Find Financial InformationTHE INCOME STATEMENTChapter 7: Where Warren Starts: The Income StatementChapter 8: Revenue: Where the Money Comes InChapter 9: Cost of Goods Sold: For Warren the Lower the BetterChapter 10: Gross Profit/Gross Profit Margin: Key Numbers for Warren in His Search for Long-Term GoldChapter 11: Operating Expenses: Where Warren Keeps a Careful EyeChapter 12: Selling, General, and Administrative ExpensesChapter 13: Research and Development: Why Warren Stays Away from ItChapter 14: Depreciation: A Cost Warren Can't IgnoreChapter 15: Interest Expense: What Warren Doesn't WantChapter 16: Gain (or Loss) on Sale of Assets and OtherChapter 17: Income Before Tax: The Number That Warren UsesChapter 18: Income Taxes Paid: How Warren Knows Who Is Telling the TruthChapter 19: Net Earnings: What Warren Is Looking ForChapter 20: Per-Share Earnings: How Warren Tells the Winners from the LosersBALANCE SHEETChapter 21: Balance Sheet in GeneralChapter 22: AssetsChapter 23: Current Asset Cycle: How the Money Is MadeChapter 24: Cash and Cash Equivalents: Warren's Pile of LootChapter 25: Inventory: What the Company Needs to Buy and What the Company Needs to SellChapter 26: Net Receivables: Money Owed to the CompanyChapter 27: Prepaid Expenses/Other Current AssetsChapter 28: Total Current Assets and the Current RatioChapter 29: Property, Plant, and Equipment: For Warren Not Having Them Can Be a Good ThingChapter 30: GoodwillChapter 31: Intangible Assets: Measuring the UnmeasurableChapter 32: Long-Term Investments: One of the Secrets to Warren's SuccessChapter 33: Other Long-Term AssetsChapter 34: Total Assets and the Return on Total AssetsChapter 35: Current LiabilitiesChapter 36: Accounts Payable, Accrued Expenses, and Other Current LiabilitiesChapter 37: Short-Term Debt: How It Can Kill a Financial InstitutionChapter 38: Long-Term Debt Coming Due and the Troubles It Can CauseChapter 39: Total Current Liabilities and the Current RatioChapter 40: Long-Term Debt: Something That Great Companies Don't Have a Lot OfChapter 41: Deferred Income Tax, Minority Interest, and Other LiabilitiesChapter 42: Total Liabilities and the Debt to Shareholders' Equity RatioChapter 43: Shareholders' Equity/Book ValueChapter 44: Preferred and Common Stock: Additional Paid in CapitalChapter 45: Retained Earnings: Warren's Secret for Getting SuperrichChapter 46: Treasury Stock: Warren Likes to See This on the Balance SheetChapter 47: Return on Shareholders' Equity: Part OneChapter 48: Return on Shareholders' Equity: Part TwoChapter 49: The Problem with Leverage and the Tricks It Can Play on YouTHE CASH FLOW STATEMENTChapter 50: The Cash Flow Statement: Where Warren Goes to Find the CashChapter 51: Capital Expenditures: Not Having Them Is One of the Secrets to Getting RichChapter 52: Stock Buybacks: Warren's Tax-Free Way to Increase Shareholder WealthVALUING THE COMPANY WITH A DURABLE COMPETITIVE ADVANTAGEChapter 53: Warren's Revolutionary Idea of the Equity Bond and How It Has Made Him SuperrichChapter 54: The Ever-Increasing Yield Created by the Durable Competitive AdvantageChapter 55: More Ways to Value a Company with a Durable Competitive AdvantageChapter 56: How Warren Determines the Right Time to Buy a Fantastic BusinessChapter 57: How Warren Determines It Is Time to SellAppendixSelect Glossary of TermsAcknowledgmentsIndex
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.
978-1-44983-319-6
Buffett, Warren
Financial statements
Business enterprises--Finance.
Corporations--Finance.
332.6
Warren Buffett and the interpretation of financial statements : the search for the company with a durable competitive advantage - London Simon and Schuster UK Ltd. 2008 - xviii, 202 p Paper
IntroductionChapter 1: Two Great Revelations That Made Warren the Richest Person in the WorldChapter 2: The Kind of Business That Will Make Warren SuperrichChapter 3: Where Warren Starts His Search for the Exceptional CompanyChapter 4: Durability Is Warren's Ticket to RichesChapter 5: Financial Statement Overview: Where the Gold Is HiddenChapter 6: Where Warren Goes to Find Financial InformationTHE INCOME STATEMENTChapter 7: Where Warren Starts: The Income StatementChapter 8: Revenue: Where the Money Comes InChapter 9: Cost of Goods Sold: For Warren the Lower the BetterChapter 10: Gross Profit/Gross Profit Margin: Key Numbers for Warren in His Search for Long-Term GoldChapter 11: Operating Expenses: Where Warren Keeps a Careful EyeChapter 12: Selling, General, and Administrative ExpensesChapter 13: Research and Development: Why Warren Stays Away from ItChapter 14: Depreciation: A Cost Warren Can't IgnoreChapter 15: Interest Expense: What Warren Doesn't WantChapter 16: Gain (or Loss) on Sale of Assets and OtherChapter 17: Income Before Tax: The Number That Warren UsesChapter 18: Income Taxes Paid: How Warren Knows Who Is Telling the TruthChapter 19: Net Earnings: What Warren Is Looking ForChapter 20: Per-Share Earnings: How Warren Tells the Winners from the LosersBALANCE SHEETChapter 21: Balance Sheet in GeneralChapter 22: AssetsChapter 23: Current Asset Cycle: How the Money Is MadeChapter 24: Cash and Cash Equivalents: Warren's Pile of LootChapter 25: Inventory: What the Company Needs to Buy and What the Company Needs to SellChapter 26: Net Receivables: Money Owed to the CompanyChapter 27: Prepaid Expenses/Other Current AssetsChapter 28: Total Current Assets and the Current RatioChapter 29: Property, Plant, and Equipment: For Warren Not Having Them Can Be a Good ThingChapter 30: GoodwillChapter 31: Intangible Assets: Measuring the UnmeasurableChapter 32: Long-Term Investments: One of the Secrets to Warren's SuccessChapter 33: Other Long-Term AssetsChapter 34: Total Assets and the Return on Total AssetsChapter 35: Current LiabilitiesChapter 36: Accounts Payable, Accrued Expenses, and Other Current LiabilitiesChapter 37: Short-Term Debt: How It Can Kill a Financial InstitutionChapter 38: Long-Term Debt Coming Due and the Troubles It Can CauseChapter 39: Total Current Liabilities and the Current RatioChapter 40: Long-Term Debt: Something That Great Companies Don't Have a Lot OfChapter 41: Deferred Income Tax, Minority Interest, and Other LiabilitiesChapter 42: Total Liabilities and the Debt to Shareholders' Equity RatioChapter 43: Shareholders' Equity/Book ValueChapter 44: Preferred and Common Stock: Additional Paid in CapitalChapter 45: Retained Earnings: Warren's Secret for Getting SuperrichChapter 46: Treasury Stock: Warren Likes to See This on the Balance SheetChapter 47: Return on Shareholders' Equity: Part OneChapter 48: Return on Shareholders' Equity: Part TwoChapter 49: The Problem with Leverage and the Tricks It Can Play on YouTHE CASH FLOW STATEMENTChapter 50: The Cash Flow Statement: Where Warren Goes to Find the CashChapter 51: Capital Expenditures: Not Having Them Is One of the Secrets to Getting RichChapter 52: Stock Buybacks: Warren's Tax-Free Way to Increase Shareholder WealthVALUING THE COMPANY WITH A DURABLE COMPETITIVE ADVANTAGEChapter 53: Warren's Revolutionary Idea of the Equity Bond and How It Has Made Him SuperrichChapter 54: The Ever-Increasing Yield Created by the Durable Competitive AdvantageChapter 55: More Ways to Value a Company with a Durable Competitive AdvantageChapter 56: How Warren Determines the Right Time to Buy a Fantastic BusinessChapter 57: How Warren Determines It Is Time to SellAppendixSelect Glossary of TermsAcknowledgmentsIndex
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.
978-1-44983-319-6
Buffett, Warren
Financial statements
Business enterprises--Finance.
Corporations--Finance.
332.6