Buffettology : the previously unexplained techniques that have made Warren Buffett the world's most famous investor / Mary Buffett & David Clark
Material type:
- text
- unmediated
- volume
- 0684837137
- 332.6
Item type | Current library | Collection | Call number | Status | Barcode | |
---|---|---|---|---|---|---|
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Sta. Lucia Branch Reference Section | Circulation | C 332.6 B929b 1997 (Browse shelf(Opens below)) | Available | 122726d |
Includes index.
Part I. The art of basic buffettology
How to use this book
Roots
Investing from a business perspective
What is businesslike investing?
Warren's view of earnings
The price you pay determines your rate of return
The corporation, stocks, bonds--a few useful explanations
Valuing a business
The only two things you need to know about business perspective investing : what to buy -- and at what price
What we can learn from Warren's secret weapon : the magic of compounding
Determining what kind of business you want to own
The theory of an expanding intrinsic value
The mediocre business
How to identify the excellent business--the key to Warren's good fortune
Nine questions to help you determine if a business is truly an excellent one
Where to look for excellent businesses
More ways to find a company you want to invest in
What you need to know about the management of the company you may invest in
When a downturn in a company can be an investment opportunity
How market mechanics whipsaw stock prices to create buying opportunities
Inflation
Inflation and the consumer monopoly
A few words on taxation
The effects on inflation and taxation on the rate of return, and the necessity to obtain a 15% return on your investment
The myth of diversification versus the concentrated portfolio
When should you sell your investments?
Warren's different kinds of investments
Part II. Advanced buffettology
The analyst's role in ascertaining earning power
The mathematical tools you need for advanced buffettology
Test #1, to determine at a glance the predictability of earnings
Test #2, to determine your initial rate of return
Test #3, to determine the per share growth rate
Determining the value of a company relative to government bonds
Understanding Warren's preference for companies with high rates of return to equity
Determining the projected annual compounding rate of return, part I
Determining the projected annual compounding rate of return, part II
The equity/bond with an expanding coupon
Using the per share earnings annual growth rate to project a stock's future value
How a company can increase its shareholders' fortunes by buying back the company's stock
How to determine if per share earnings are increasing because of share repurchases
How to measure management ability to utilize retained earnings
Short-term arbitrage commitments
Bringing it all together : the case studies
How Warren got started : the investment vehicle
Fifty-four companies to look at
Waiting for the perfect pitch
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