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This 3 part series is a re-creation of a tutorial I made on my other channel “Leader are Readers” (it’s no longer live). Warren Buffett and the Interpretation of Financial Statements by Mary Buffett and David Clark is an important book where we review the famous Warren Buffett’s value investing fundamentals. Mary Buffett is the ex-wife of Peter Buffett, Warren Buffett’s son and David Clark is a Buffetologist who took meticulous notes from master classes in Omaha, the hometown of Berkshire Hathaway and Warren Buffett.
This summary is meant to serve as a guide to explain how Warren Buffett finds companies with a durable competitive advantage, how he makes equity investment decisions and to help viewers understand the language of business, which is accounting.
In part 1, we explain how Warren Buffett analyzes income statements!
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