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| Introduction | |
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| Two Great Revelations That Made Warren the Richest Person in the World | |
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| The Kind of Business That Will Make Warren Superrich | |
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| Where Warren Starts His Search for the Exceptional Company | |
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| Durability Is Warren's Ticket to Riches | |
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| Financial Statement Overview: Where the Gold Is Hidden | |
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| Where Warren Goes to Find Financial Information | |
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| The Income Statement | |
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| Where Warren Starts: The Income Statement | |
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| Revenue: Where the Money Comes In | |
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| Cost of Goods Sold: For Warren the Lower the Better | |
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| Gross Profit/Gross Profit Margin: Key Numbers for Warren in His Search for Long-Term Gold | |
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| Operating Expenses: Where Warren Keeps a Careful Eye | |
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| Selling, General, and Administrative Expenses | |
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| Research and Development: Why Warren Stays Away from It | |
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| Depreciation: A Cost Warren Can't Ignore | |
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| Interest Expense: What Warren Doesn't Want | |
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| Gain (or Loss) on Sale of Assets and Other | |
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| Income Before Tax: The Number That Warren Uses | |
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| Income Taxes Paid: How Warren Knows Who Is Telling the Truth | |
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| Net Earnings: What Warren Is Looking For | |
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| Per-Share Earnings: How Warren Tells the Winners from the Losers | |
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| Balance Sheet | |
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| Balance Sheet in General | |
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| Assets | |
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| Current Asset Cycle: How the Money Is Made | |
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| Cash and Cash Equivalents: Warren's Pile of Loot | |
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| Inventory: What the Company Needs to Buy and What the Company Needs to Sell | |
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| Net Receivables: Money Owed to the Company | |
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| Prepaid Expenses/Other Current Assets | |
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| Total Current Assets and the Current Ratio | |
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| Property, Plant, and Equipment: For Warren Not Having Them Can Be a Good Thing | |
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| Goodwill | |
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| Intangible Assets: Measuring the Unmeasurable | |
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| Long-Term Investments: One of the Secrets to Warren's Success | |
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| Other Long-Term Assets | |
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| Total Assets and the Return on Total Assets | |
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| Current Liabilities | |
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| Accounts Payable, Accrued Expenses, and Other Current Liabilities | |
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| Short-Term Debt: How It Can Kill a Financial Institution | |
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| Long-Term Debt Coming Due and the Troubles It Can Cause | |
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| Total Current Liabilities and the Current Ratio | |
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| Long-Term Debt: Something That Great Companies Don't Have a Lot Of | |
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| Deferred Income Tax, Minority Interest, and Other Liabilities | |
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| Total Liabilities and the Debt to Shareholders' Equity Ratio | |
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| Shareholders' Equity/Book Value | |
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| Preferred and Common Stock: Additional Paid in Capital | |
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| Retained Earnings: Warren's Secret for Getting Superrich | |
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| Treasury Stock: Warren Likes to See This on the Balance Sheet | |
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| Return on Shareholders' Equity: Part One | |
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| Return on Shareholders' Equity: Part Two | |
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| The Problem with Leverage and the Tricks It Can Play on You | |
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| The Cash Flow Statement | |
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| The Cash Flow Statement: Where Warren Goes to Find the Cash | |
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| Capital Expenditures: Not Having Them Is One of the Secrets to Getting Rich | |
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| Stock Buybacks: Warren's Tax-Free Way to Increase Shareholder Wealth | |
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| Valuing The Company with a Durable Competitive Advantage | |
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| Warren's Revolutionary Idea of the Equity Bond and How It Has Made Him Superrich | |
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| The Ever-Increasing Yield Created by the Durable Competitive Advantage | |
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| More Ways to Value a Company with a Durable Competitive Advantage | |
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| How Warren Determines the Right Time to Buy a Fantastic Business | |
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| How Warren Determines It Is Time to Sell | |
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| Appendix | |
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| Select Glossary of Terms | |
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| Acknowledgments | |
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| Index | |