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Non-Tech : Berkshire Hathaway & Warren Buffet

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To: 249443 who wrote (112)	9/8/2001 12:10:31 PM
From: 249443	Read Replies (1) of 240

How to Profit from Reading Annual Reports - R. B. Loth When Warren Buffett was asked at the 1998 annual meeting of Berkshire Hathaway the best way to prepare to be an investor, he advised to learn all the accounting you can. Easy to read, this book provides many keys to discovering a company's financial health from the pages of its annual and quarterly reports. Once I have used Valuesoft and other methods to screen the number of stocks to a manageable level, I use his standardized formats for balance sheets (p. 70) and income statements (p. 88) as a basis for a uniform analysis of companies. This data is then linked to a page of ratios and other calculations from Valuesoft.

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