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  <title><![CDATA[Warren Buffett and the Interpretation of Financial Statements: The Search for the Company with a Durable Competitive Advantage]]></title>
  <isbn><![CDATA[1416573186]]></isbn>
  <isbn13><![CDATA[9781416573180]]></isbn13>
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  <description><![CDATA[<strong><p>With an insider's view of the mind of the master, Mary Buffett and David Clark have written a simple guide for reading financial statements from Warren Buffett's succccessful perspective.<p>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 (<em>The Interpretation of Financial Statements</em>, 1937), this book presents Buffett's interpretation of financial statements with anecdotes and quotes from the master investor himself.<p>Potential investors will discover:<p>• Buffett's time-tested dos and don'ts for interpreting an income statement and balance sheet<br/>• Why high research and development costs can kill a great business<br/>• How much debt Buffett thinks a company can carry before it becomes too dangerous to touch<br/>• 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<br/>• How Buffett uses financial statements to value a company<br/>• What kinds of companies Warren stays away from no matter how cheap their selling price<p>Once readers complete and master Buffett's simple financial calculations and methods for interpreting a company's financial statement, they'll be well on their way to identifying which companies are going to be tomorrow's winners -- and which will be the losers they should avoid at all costs.<p>Destined to become a classic in the world of investment books, <em>Warren Buffett and the Interpretation of Financial Statements</em> is the perfect companion volume to <em>The New Buffettology</em> and <em>The Tao of Warren Buffett</em>.</p></p></p></p></p></p></strong>]]></description>
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  <original_publication_year type="integer">2008</original_publication_year>
  <original_title>Warren Buffett and the Interpretation of Financial Statements: The Search for the Company with a Durable Competitive Advantage</original_title>
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  <title>
    <![CDATA[Warren Buffett and the Interpretation of Financial Statements: The Search for the Company with a Durable Competitive Advantage]]>
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    <![CDATA[<strong><p>With an insider's view of the mind of the master, Mary Buffett and David Clark have written a simple guide for reading financial statements from Warren Buffett's succccessful perspective.<p>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 (<em>The Interpretation of Financial Statements</em>, 1937), this book presents Buffett's interpretation of financial statements with anecdotes and quotes from the master investor himself.<p>Potential investors will discover:<p>• Buffett's time-tested dos and don'ts for interpreting an income statement and balance sheet<br/>• Why high research and development costs can kill a great business<br/>• How much debt Buffett thinks a company can carry before it becomes too dangerous to touch<br/>• 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<br/>• How Buffett uses financial statements to value a company<br/>• What kinds of companies Warren stays away from no matter how cheap their selling price<p>Once readers complete and master Buffett's simple financial calculations and methods for interpreting a company's financial statement, they'll be well on their way to identifying which companies are going to be tomorrow's winners -- and which will be the losers they should avoid at all costs.<p>Destined to become a classic in the world of investment books, <em>Warren Buffett and the Interpretation of Financial Statements</em> is the perfect companion volume to <em>The New Buffettology</em> and <em>The Tao of Warren Buffett</em>.</p></p></p></p></p></p></strong>]]>
  </description>
  <published>2008</published>
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    <rating>2</rating>
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  <read_at>Sun Apr 19 00:00:00 -0700 2009</read_at>
  <date_added>Sat Apr 18 08:34:07 -0700 2009</date_added>
  <date_updated>Sun Apr 19 11:23:57 -0700 2009</date_updated>
  <read_count></read_count>
    <body><![CDATA[I got this book because I had realized in my MBA classes that I needed to get better at reading financial statements and figuring out the story behind the numbers. I can't say this book helped me with that. While it was interesting enough and is good for a beginner, if you have had any accounting cl...<a href="http://www.goodreads.com/review/show/53118268">more...</a>]]></body>
    
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      <review>
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    <name><![CDATA[Paul]]></name>
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    <![CDATA[Warren Buffett and the Interpretation of Financial Statements: The Search for the Company with a Durable Competitive Advantage]]>
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  <average_rating>3.68</average_rating>
  <ratings_count>22</ratings_count>
  <description>
    <![CDATA[<strong><p>With an insider's view of the mind of the master, Mary Buffett and David Clark have written a simple guide for reading financial statements from Warren Buffett's succccessful perspective.<p>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 (<em>The Interpretation of Financial Statements</em>, 1937), this book presents Buffett's interpretation of financial statements with anecdotes and quotes from the master investor himself.<p>Potential investors will discover:<p>• Buffett's time-tested dos and don'ts for interpreting an income statement and balance sheet<br/>• Why high research and development costs can kill a great business<br/>• How much debt Buffett thinks a company can carry before it becomes too dangerous to touch<br/>• 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<br/>• How Buffett uses financial statements to value a company<br/>• What kinds of companies Warren stays away from no matter how cheap their selling price<p>Once readers complete and master Buffett's simple financial calculations and methods for interpreting a company's financial statement, they'll be well on their way to identifying which companies are going to be tomorrow's winners -- and which will be the losers they should avoid at all costs.<p>Destined to become a classic in the world of investment books, <em>Warren Buffett and the Interpretation of Financial Statements</em> is the perfect companion volume to <em>The New Buffettology</em> and <em>The Tao of Warren Buffett</em>.</p></p></p></p></p></p></strong>]]>
  </description>
  <published>2008</published>
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    <rating>3</rating>
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  <read_at>Mon Feb 02 00:00:00 -0800 2009</read_at>
  <date_added>Mon Feb 02 16:46:35 -0800 2009</date_added>
  <date_updated>Mon Feb 02 16:53:44 -0800 2009</date_updated>
  <read_count></read_count>
    <body><![CDATA[The book was pretty good to read to understand how Buffett analyzed stocks and decided which stocks to buy and when to buy them. It helped me gain a better understanding of how to read finacial statements.]]></body>
    
  <url><![CDATA[http://www.goodreads.com/review/show/45191521]]></url>
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      <review>
  <id>68811291</id>
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    <id>16190</id>
    <name><![CDATA[Tess]]></name>
    <location><![CDATA[Thailand]]></location>
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  <title>
    <![CDATA[Warren Buffett and the Interpretation of Financial Statements: The Search for the Company with a Durable Competitive Advantage]]>
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  <average_rating>3.68</average_rating>
  <ratings_count>22</ratings_count>
  <description>
    <![CDATA[<strong><p>With an insider's view of the mind of the master, Mary Buffett and David Clark have written a simple guide for reading financial statements from Warren Buffett's succccessful perspective.<p>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 (<em>The Interpretation of Financial Statements</em>, 1937), this book presents Buffett's interpretation of financial statements with anecdotes and quotes from the master investor himself.<p>Potential investors will discover:<p>• Buffett's time-tested dos and don'ts for interpreting an income statement and balance sheet<br/>• Why high research and development costs can kill a great business<br/>• How much debt Buffett thinks a company can carry before it becomes too dangerous to touch<br/>• 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<br/>• How Buffett uses financial statements to value a company<br/>• What kinds of companies Warren stays away from no matter how cheap their selling price<p>Once readers complete and master Buffett's simple financial calculations and methods for interpreting a company's financial statement, they'll be well on their way to identifying which companies are going to be tomorrow's winners -- and which will be the losers they should avoid at all costs.<p>Destined to become a classic in the world of investment books, <em>Warren Buffett and the Interpretation of Financial Statements</em> is the perfect companion volume to <em>The New Buffettology</em> and <em>The Tao of Warren Buffett</em>.</p></p></p></p></p></p></strong>]]>
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  <date_added>Tue Aug 25 07:02:44 -0700 2009</date_added>
  <date_updated>Tue Aug 25 07:03:12 -0700 2009</date_updated>
  <read_count></read_count>
    <body><![CDATA[A good intro to evaluating financial statements to pick investments or simply understand the strength of companies.  ]]></body>
    
  <url><![CDATA[http://www.goodreads.com/review/show/68811291]]></url>
  <link><![CDATA[http://www.goodreads.com/review/show/68811291]]></link>
</review>
      <review>
  <id>63207899</id>
    <user>
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    <name><![CDATA[Carrie]]></name>
    <location><![CDATA[Olympia, WA]]></location>
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  <title>
    <![CDATA[Warren Buffett and the Interpretation of Financial Statements: The Search for the Company with a Durable Competitive Advantage]]>
  </title>
  <image_url>http://photo.goodreads.com/books/1255993294m/4427672.jpg</image_url>
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  <link>http://www.goodreads.com/book/show/4427672.Warren_Buffett_and_the_Interpretation_of_Financial_Statements_The_Search_for_the_Company_with_a_Durable_Competitive_Advantage</link>
  <average_rating>3.68</average_rating>
  <ratings_count>22</ratings_count>
  <description>
    <![CDATA[<strong><p>With an insider's view of the mind of the master, Mary Buffett and David Clark have written a simple guide for reading financial statements from Warren Buffett's succccessful perspective.<p>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 (<em>The Interpretation of Financial Statements</em>, 1937), this book presents Buffett's interpretation of financial statements with anecdotes and quotes from the master investor himself.<p>Potential investors will discover:<p>• Buffett's time-tested dos and don'ts for interpreting an income statement and balance sheet<br/>• Why high research and development costs can kill a great business<br/>• How much debt Buffett thinks a company can carry before it becomes too dangerous to touch<br/>• 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<br/>• How Buffett uses financial statements to value a company<br/>• What kinds of companies Warren stays away from no matter how cheap their selling price<p>Once readers complete and master Buffett's simple financial calculations and methods for interpreting a company's financial statement, they'll be well on their way to identifying which companies are going to be tomorrow's winners -- and which will be the losers they should avoid at all costs.<p>Destined to become a classic in the world of investment books, <em>Warren Buffett and the Interpretation of Financial Statements</em> is the perfect companion volume to <em>The New Buffettology</em> and <em>The Tao of Warren Buffett</em>.</p></p></p></p></p></p></strong>]]>
  </description>
  <published>2008</published>
</book>

    <rating>3</rating>
  <votes>0</votes>
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  <read_at>Wed Jul 01 00:00:00 -0700 2009</read_at>
  <date_added>Sun Jul 12 18:21:04 -0700 2009</date_added>
  <date_updated>Sun Jul 12 18:22:14 -0700 2009</date_updated>
  <read_count></read_count>
    <body><![CDATA[Having studied accounting, it's interesting that investors actually read the financial statements.]]></body>
    
  <url><![CDATA[http://www.goodreads.com/review/show/63207899]]></url>
  <link><![CDATA[http://www.goodreads.com/review/show/63207899]]></link>
</review>
      <review>
  <id>63279178</id>
    <user>
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    <name><![CDATA[Xavier]]></name>
    <location><![CDATA[The United States]]></location>
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  <title>
    <![CDATA[Warren Buffett and the Interpretation of Financial Statements: The Search for the Company with a Durable Competitive Advantage]]>
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  <average_rating>3.68</average_rating>
  <ratings_count>22</ratings_count>
  <description>
    <![CDATA[<strong><p>With an insider's view of the mind of the master, Mary Buffett and David Clark have written a simple guide for reading financial statements from Warren Buffett's succccessful perspective.<p>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 (<em>The Interpretation of Financial Statements</em>, 1937), this book presents Buffett's interpretation of financial statements with anecdotes and quotes from the master investor himself.<p>Potential investors will discover:<p>• Buffett's time-tested dos and don'ts for interpreting an income statement and balance sheet<br/>• Why high research and development costs can kill a great business<br/>• How much debt Buffett thinks a company can carry before it becomes too dangerous to touch<br/>• 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<br/>• How Buffett uses financial statements to value a company<br/>• What kinds of companies Warren stays away from no matter how cheap their selling price<p>Once readers complete and master Buffett's simple financial calculations and methods for interpreting a company's financial statement, they'll be well on their way to identifying which companies are going to be tomorrow's winners -- and which will be the losers they should avoid at all costs.<p>Destined to become a classic in the world of investment books, <em>Warren Buffett and the Interpretation of Financial Statements</em> is the perfect companion volume to <em>The New Buffettology</em> and <em>The Tao of Warren Buffett</em>.</p></p></p></p></p></p></strong>]]>
  </description>
  <published>2008</published>
</book>

    <rating>5</rating>
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  <date_added>Mon Jul 13 09:08:45 -0700 2009</date_added>
  <date_updated>Mon Jul 13 09:09:55 -0700 2009</date_updated>
  <read_count></read_count>
    <body><![CDATA[Good depth for the novice Value Investor easy to understand.]]></body>
    
  <url><![CDATA[http://www.goodreads.com/review/show/63279178]]></url>
  <link><![CDATA[http://www.goodreads.com/review/show/63279178]]></link>
</review>
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    <![CDATA[Warren Buffett and the Interpretation of Financial Statements: The Search for the Company with a Durable Competitive Advantage]]>
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    <![CDATA[<strong><p>With an insider's view of the mind of the master, Mary Buffett and David Clark have written a simple guide for reading financial statements from Warren Buffett's succccessful perspective.<p>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 (<em>The Interpretation of Financial Statements</em>, 1937), this book presents Buffett's interpretation of financial statements with anecdotes and quotes from the master investor himself.<p>Potential investors will discover:<p>• Buffett's time-tested dos and don'ts for interpreting an income statement and balance sheet<br/>• Why high research and development costs can kill a great business<br/>• How much debt Buffett thinks a company can carry before it becomes too dangerous to touch<br/>• 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<br/>• How Buffett uses financial statements to value a company<br/>• What kinds of companies Warren stays away from no matter how cheap their selling price<p>Once readers complete and master Buffett's simple financial calculations and methods for interpreting a company's financial statement, they'll be well on their way to identifying which companies are going to be tomorrow's winners -- and which will be the losers they should avoid at all costs.<p>Destined to become a classic in the world of investment books, <em>Warren Buffett and the Interpretation of Financial Statements</em> is the perfect companion volume to <em>The New Buffettology</em> and <em>The Tao of Warren Buffett</em>.</p></p></p></p></p></p></strong>]]>
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  <published>2008</published>
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  <date_added>Fri Jun 05 18:44:38 -0700 2009</date_added>
  <date_updated>Fri Jun 05 18:44:38 -0700 2009</date_updated>
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