• Warren Buffett and the Interpretation of Financial Statements

  • The Search for the Company with a Durable Competitive Advantage
  • By: Mary Buffett, David Clark
  • Narrated by: Karen White
  • Length: 3 hrs and 10 mins
  • 4.5 out of 5 stars (731 ratings)

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Warren Buffett and the Interpretation of Financial Statements  By  cover art

Warren Buffett and the Interpretation of Financial Statements

By: Mary Buffett, David Clark
Narrated by: Karen White
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Publisher's summary

Mary Buffett and David 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

    Once audiences complete and master Buffett's simple financial calculations and methods for interpreting a company's financial statement, they will be well on their way to identifying which companies are going to be tomorrow's winners - and which will be the losers that should be avoided 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.

  • ©2008 Mary Buffett and David Clark (P)2008 Tantor

    What listeners say about Warren Buffett and the Interpretation of Financial Statements

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    • Ty
    • 10-23-23

    Get over it and Listen

    I've studied investing for decades now. There isn't a better, More concise book to help you make smart investing decisions. Yes, durable competitive advantage is said a lot - cause it's that important. This book is about skilled reading of the financial books - it's not for your entertainment - it's for your gain.

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    Worth the money!

    I thoroughly enjoyed this book and highly recommend it to everyone. well worth the price.

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      4 out of 5 stars
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      4 out of 5 stars

    EXCELLENT BOOK!

    VERY informative goes over the differences between benjamin graham and warren buffett.How Ben picked stocks that were undervalued reguardless of what they were about and how warren picked stocks based on what he knew about the market went on the fundamentals and long term ball park of the company versus ben only going for 2 years warren went for 10 ... goes over where to find the balance sheets and gives you 2 sites to use for free to check the companies stock portfolio goes over alot of things one should know tactics exc .... just about got the book memorized... only read it 13 times ... anyrate back to the book this is a must listen to !

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    Exceptional!!!

    This is a great book to know what the significance of the numbers on the 10K are. The author tells you how to do the calculations and why their significant. Very informative.

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    Best book ever

    Very simple and easy to understand, can’t get any better than this book, 5 stars

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    Wonderfully Useful!

    This is how "how to" books should be written -- a guide to accomplishing a task, pointing out signposts signaling great (or mediocre) investing opportunities.

    This simple book put the majority of "The Little Book" series to shame.

    If you're a Value Investor ... Buy! Buy! Buy!

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    2 people found this helpful

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    Best analysis on audio

    This is probably the best audio book for fundamental and value investment analysis.
    The author explains this complicated subject so clear and in simple terms that anyone can follow.

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    Amazing!

    One of the most succinct, easy to understand explanations of how to interpret financial statements and value a company!

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    New perspective when looking at financials. Not full book though

    Why is this not the full book? You can tell because it skips chapters. However, this is a new perspective for interpreting financial statements that you don't get from simply reading a "how to".

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    5 people found this helpful

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      5 out of 5 stars

    Warren Buffett and the interpretation of financial

    this really help me understand how to read financial statements Nd where to look for more information. I will be listening again just incase I missed something. I would definitely recommend it.

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