Interesting reads 21 Sept 2013 – Warren Buffett, Seth Klarman


1. This is How Buffett Interprets Financial Statements – http://bit.ly/LdKYiH
A short excerpt from the famous book ‘Warren Buffett and the Interpretation of Financial Statements’. A brief on how he interprets 3 key accounting statements.

2. How Do I Make Money in the Stock Market? – http://bit.ly/1exaOhT
Three key points that are important for making money in the stock market – Avoiding businesses using obsolete technology, Avoid businesses with high debt, Avoid businesses that shrink in competitive advantages. Also this article has a few links to very useful posts

3. Seth Klarman’s 3 Method for valuing a business – http://bit.ly/1b1aAPF
This article briefs the 3 key methods of Seth Klarman when valuing the business. Dicounted Cash flow, Liquidation or Net Net working capital and Market Value – in case of close end funds – Also highlights importance of using which one and when. In my opinion we can mix and match and use all or more than one for each valuation

Advertisements

Leave a comment

Filed under Investing

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s