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...
Gespeichert in:
| Hauptverfasser: | , |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
New York [u. a.]
Scribner
2008
|
| Ausgabe: | 1. Scribner hardcover ed. |
| Schlagworte: | |
| Online-Zugang: | Inhaltsverzeichnis |
| Zusammenfassung: | 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. |
| Beschreibung: | XII, 202 S. Ill. |
| ISBN: | 9781416573180 1416573186 |
Internformat
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| 520 | 3 | |a 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. | |
| 600 | 1 | 4 | |a Buffett, Warren |
| 650 | 4 | |a Unternehmen | |
| 650 | 4 | |a Business enterprises |x Finance | |
| 650 | 4 | |a Corporations |x Finance | |
| 650 | 4 | |a Financial statements | |
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| 999 | |a oai:aleph.bib-bvb.de:BVB01-018601682 | ||
Datensatz im Suchindex
| _version_ | 1804140653769129984 |
|---|---|
| adam_text | Contents
Introduction xv
chapter i: Two Great Revelations That Made
Warren the Richest Person in the World 3
chapter z: The Kind of Business That Will
Make Warren Superrich 4
chapter 3: Where Warren Starts His Search for
the Exceptional Company 1 2
chapter 4: Durability Is Warren s Ticket to Riches 16
chapter 5: Financial Statement Overview:
Where the Gold Is Hidden 18
chapter 6: Where Warren Goes to Find Financial
Information 2.0
THE INCOME STATEMENT
chapter 7: Where Warren Starts: The Income
Statement 2.5
VII
chapter 8: Revenue: Where the Money Comes In z8
chapter 9: Cost of Goods Sold: For Warren the
Lower the Better 30
chapter 10: Gross Profit/Gross Profit Margin:
Key Numbers for Warren in His Search for
Long-Term Gold 3 2.
chapter 11: Operating Expenses: Where Warren
Keeps a Careful Eye 3 6
chapter 12: Selling, General, and Administrative
Expenses 3 8
chapter 13: Research and Development:
Why Warren Stays Away from It 42
chapter 14: Depreciation: A Cost Warren
Can t Ignore 45
chapter 15: Interest Expense: What Warren
Doesn t Want 49
chapter 16: Gain (or Loss) on Sale of Assets
and Other 5 3
chapter 17: Income Before Tax: The Number
That Warren Uses 5 5
chapter 18: Income Taxes Paid: How Warren Knows
Who Is Telling the Truth 5 7
VIII
chapter 19: Net Earnings: What Warren Is
Looking For 59
chapter 20: Per-Share Earnings: How Warren
Tells the Winners from the Losers 63
BALANCE SHEET
chapter 21: Balance Sheet in General 69
chapter 22: Assets 72
chapter 23: Current Asset Cycle: How the
Money Is Made 75
chapter 24: Cash and Cash Equivalents:
Warren s Pile of Loot 77
chapter 25: Inventory: What the Company Needs to
Buy and What the Company Needs to Sell 81
chapter 26: Net Receivables: Money Owed to
the Company 83
chapter 27: Prepaid Expenses/Other Current Assets 85
chapter 28: Total Current Assets and the Current
Ratio 87
chapter 29: Property, Plant, and Equipment: For
Warren Not Having Them Can Be a Good Thing 90
IX
CHAPTER 30: Goodwill 94
chapter 31: Intangible Assets: Measuring the
Unmeasurable 96
chapter 32: Long-Term Investments: One of
the Secrets to Warren s Success 99
chapter 33: Other Long-Term Assets 102
chapter 34: Total Assets and the Return on
Total Assets 104
chapter 35: Current Liabilities 106
chapter 3 6: Accounts Payable, Accrued Expenses,
and Other Current Liabilities 107
chapter 37: Short-Term Debt: How It Can Kill a
Financial Institution 109
chapter 38: Long-Term Debt Coming Due and the
Troubles It Can Cause 113
chapter 39: Total Current Liabilities and the
Current Ratio 115
chapter 40: Long-Term Debt: Something That
Great Companies Don t Have a Lot Of 117
chapter 41: Deferred Income Tax, Minority Interest,
and Other Liabilities 12.0
chapter 42: Total Liabilities and the Debt to
Shareholders Equity Ratio 122.
chapter 43: Shareholders Equity/Book Value 126
chapter 44: Preferred and Common Stock:
Additional Paid in Capital 128
chapter 45: Retained Earnings: Warren s Secret
for Getting Superrich 131
chapter 46: Treasury Stock: Warren Likes to See
This on the Balance Sheet 136
chapter 47: Return on Shareholders Equity:
Part One 139
chapter 48: Return on Shareholders Equity:
Part Two 141
chapter 49: The Problem with Leverage and
the Tricks It Can Play on You 143
THE CASH FLOW STATEMENT
chapter 50: The Cash Flow Statement:
Where Warren Goes to Find the Cash 147
chapter 51: Capital Expenditures: Not Having
Them Is One of the Secrets to Getting Rich 152
chapter 52: Stock Buybacks: Warren s Tax-Free
Way to Increase Shareholder Wealth 156
XI
VALUING THE COMPANY WITH A
DURABLE COMPETITIVE ADVANTAGE
chapter 5 3: Warren s Revolutionary Idea of the
Equity Bond and How It Has Made Him Superrich 161
chapter 54: The Ever-Increasing Yield Created by
the Durable Competitive Advantage 166
chapter 55: More Ways to Value a Company with
a Durable Competitive Advantage 168
chapter 56: How Warren Determines the Right
Time to Buy a Fantastic Business 171
chapter 57: How Warren Determines It Is Time
to Sell 173
Appendix T-77
Select Glossary of Terms 181
Acknowledgments 19 x
Index 193
XII
|
| any_adam_object | 1 |
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| dewey-hundreds | 300 - Social sciences |
| dewey-ones | 332 - Financial economics |
| dewey-raw | 332.63/2042 |
| dewey-search | 332.63/2042 |
| dewey-sort | 3332.63 42042 |
| dewey-tens | 330 - Economics |
| discipline | Wirtschaftswissenschaften |
| edition | 1. Scribner hardcover ed. |
| format | Book |
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| id | DE-604.BV035741463 |
| illustrated | Illustrated |
| indexdate | 2024-07-09T22:03:24Z |
| institution | BVB |
| isbn | 9781416573180 1416573186 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-018601682 |
| oclc_num | 209701336 |
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| owner_facet | DE-860 DE-91 DE-BY-TUM |
| physical | XII, 202 S. Ill. |
| publishDate | 2008 |
| publishDateSearch | 2008 |
| publishDateSort | 2008 |
| publisher | Scribner |
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| spelling | Buffett, Mary Verfasser (DE-588)1030308446 aut Warren Buffett and the interpretation of financial statements the search for the company with a durable competitive advantage Mary Buffett and David Clark 1. Scribner hardcover ed. New York [u. a.] Scribner 2008 XII, 202 S. Ill. txt rdacontent n rdamedia nc rdacarrier 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. Buffett, Warren Unternehmen Business enterprises Finance Corporations Finance Financial statements Investment analysis Investments Decision-making Interpretation (DE-588)4072905-9 gnd rswk-swf Bilanzanalyse (DE-588)4069453-7 gnd rswk-swf Bilanzanalyse (DE-588)4069453-7 s Interpretation (DE-588)4072905-9 s DE-604 Clark, David 1955- Verfasser (DE-588)124301223 aut HBZ Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=018601682&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Buffett, Mary Clark, David 1955- Warren Buffett and the interpretation of financial statements the search for the company with a durable competitive advantage Buffett, Warren Unternehmen Business enterprises Finance Corporations Finance Financial statements Investment analysis Investments Decision-making Interpretation (DE-588)4072905-9 gnd Bilanzanalyse (DE-588)4069453-7 gnd |
| subject_GND | (DE-588)4072905-9 (DE-588)4069453-7 |
| title | Warren Buffett and the interpretation of financial statements the search for the company with a durable competitive advantage |
| title_auth | Warren Buffett and the interpretation of financial statements the search for the company with a durable competitive advantage |
| title_exact_search | Warren Buffett and the interpretation of financial statements the search for the company with a durable competitive advantage |
| title_full | Warren Buffett and the interpretation of financial statements the search for the company with a durable competitive advantage Mary Buffett and David Clark |
| title_fullStr | Warren Buffett and the interpretation of financial statements the search for the company with a durable competitive advantage Mary Buffett and David Clark |
| title_full_unstemmed | Warren Buffett and the interpretation of financial statements the search for the company with a durable competitive advantage Mary Buffett and David Clark |
| title_short | Warren Buffett and the interpretation of financial statements |
| title_sort | warren buffett and the interpretation of financial statements the search for the company with a durable competitive advantage |
| title_sub | the search for the company with a durable competitive advantage |
| topic | Buffett, Warren Unternehmen Business enterprises Finance Corporations Finance Financial statements Investment analysis Investments Decision-making Interpretation (DE-588)4072905-9 gnd Bilanzanalyse (DE-588)4069453-7 gnd |
| topic_facet | Buffett, Warren Unternehmen Business enterprises Finance Corporations Finance Financial statements Investment analysis Investments Decision-making Interpretation Bilanzanalyse |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=018601682&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
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