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Introduction | |
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Understanding Value Investing | |
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Short-Sightedness and the Bad News Phenomenon:The Gifts that Keep On Giving | |
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Identifying the Economic Engine Warren Wants to Own | |
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Identifying the Sick/Commodity Type Business | |
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The Healthy Business: The Consumer Monopoly(Where Warren Finds All the Money) | |
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Determining if the Business Has a Consumer Monopoly | |
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Where to Look for a Consumer Monopoly | |
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The Bad News that Creates a Buying Situation | |
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Warren Buffett's Intrinsic Value Equations | |
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Finding the Company and the Numbers | |
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Financial Calculation #1: Predictability of Earningsat a Glance | |
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Financial Calculation #2: A Test to Determine YourInitial Rate of Return | |
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Financial Calculation #3: Test for Determiningthe Per Share Growth Rate | |
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Financial Calculation #4: Relative Value to Treasury Bonds | |
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Financial Calculation #5: Understanding Warren'sPreference for Companies That Earn High Ratesof Return on Shareholders' Equity | |
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Financial Calculation #6: Determining the Projected AnnualCompounding Rate of Return: Part I | |
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Determining the Projected Annual CompoundingRate of Return | |
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Financial Calculation #7: The Equity/Bond withan Expanding Coupon | |
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Financial Calculation #8: Using the Per Share Earnings | |
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Annual Growth Rate to Project an Investment's | |
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Compounding Annual Rate of Return | |
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Financial Calculation #9: Why Warren Loves Stock | |
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Repurchase Programs, or, How Can a Company Increase | |
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Its Shareholders' Fortunes By Buying Back the Company's Stock | |
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Financial Calculation #10: How to Determine if Per Share | |
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Earnings Are Increasing Because of Share Repurchases | |
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Financial Calculation #11: How to Measure Management's | |
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Ability to Utilize Retained Earnings | |
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Financial Calculation #12: The Internet and Warren's | |
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Short-Term Arbitrage Commitments | |
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Doing It Yourself: Buffettology Worksheet | |
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Bringing It All Together: The Case Studies | |