| Introduction |
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xv | |
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Chapter 1 Two Great Revelations That Made Warren the Richest Person in the World |
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3 | (1) |
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Chapter 2 The Kind of Business That Will Make Warren Superrich |
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4 | (8) |
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Chapter 3 Where Warren Starts His Search for the Exceptional Company |
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12 | (4) |
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Chapter 4 Durability Is Warren's Ticket to Riches |
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16 | (2) |
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Chapter 5 Financial Statement Overview: Where the Gold Is Hidden |
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18 | (2) |
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Chapter 6 Where Warren Goes to Find Financial Information |
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20 | (5) |
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Chapter 7 Where Warren Starts: The Income Statement |
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25 | (3) |
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Chapter 8 Revenue: Where the Money Comes In |
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28 | (2) |
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Chapter 9 Cost of Goods Sold: For Warren the Lower the Better |
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30 | (2) |
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Chapter 10 Gross Profit/Gross Profit Margin: Key Numbers for Warren in His Search for Long-Term Gold |
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32 | (4) |
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Chapter 11 Operating Expenses: Where Warren Keeps a Careful Eye |
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36 | (2) |
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Chapter 12 Selling, General, and Administrative Expenses |
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38 | (4) |
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Chapter 13 Research and Development: Why Warren Stays Away from It |
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42 | (3) |
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Chapter 14 Depreciation: A Cost Warren Can't Ignore |
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45 | (4) |
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Chapter 15 Interest Expense: What Warren Doesn't Want |
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49 | (4) |
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Chapter 16 Gain (or Loss) on Sale of Assets and Other |
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53 | (2) |
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Chapter 17 Income Before Tax: The Number That Warren Uses |
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55 | (2) |
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Chapter 18 Income Taxes Paid: How Warren Knows Who Is Telling the Truth |
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57 | (2) |
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Chapter 19 Net Earnings: What Warren Is Looking For |
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59 | (4) |
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Chapter 20 Per-Share Earnings: How Warren Tells the Winners from the Losers |
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63 | (6) |
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Chapter 21 Balance Sheet in General |
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69 | (3) |
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72 | (3) |
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Chapter 23 Current Asset Cycle: How the Money Is Made |
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75 | (2) |
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Chapter 24 Cash and Cash Equivalents: Warren's Pile of Loot |
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77 | (4) |
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Chapter 25 Inventory: What the Company Needs to Buy and What the Company Needs to Sell |
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81 | (2) |
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Chapter 26 Net Receivables: Money Owed to the Company |
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83 | (2) |
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Chapter 27 Prepaid Expenses/Other Current Assets |
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85 | (2) |
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Chapter 28 Total Current Assets and the Current Ratio |
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87 | (3) |
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Chapter 29 Property, Plant, and Equipment: For Warren Not Having Them Can Be a Good Thing |
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90 | (4) |
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94 | (2) |
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Chapter 31 Intangible Assets: Measuring the Unmeasurable |
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96 | (3) |
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Chapter 32 Long-Term Investments: One of the Secrets to Warren's Success |
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99 | (3) |
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Chapter 33 Other Long-Term Assets |
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102 | (2) |
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Chapter 34 Total Assets and the Return on Total Assets |
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104 | (2) |
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Chapter 35 Current Liabilities |
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106 | (1) |
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Chapter 36 Accounts Payable, Accrued Expenses, and Other Current Liabilities |
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107 | (2) |
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Chapter 37 Short-Term Debt: How It Can Kill a Financial Institution |
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109 | (4) |
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Chapter 38 Long-Term Debt Coming Due and the Troubles It Can Cause |
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113 | (2) |
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Chapter 39 Total Current Liabilities and the Current Ratio |
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115 | (2) |
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Chapter 40 Long-Term Debt: Something That Great Companies Don't Have a Lot Of |
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117 | (3) |
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Chapter 41 Deferred Income Tax, Minority Interest, and Other Liabilities |
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120 | (2) |
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Chapter 42 Total Liabilities and the Debt to Shareholders' Equity Ratio |
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122 | (4) |
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Chapter 43 Shareholders' Equity/Book Value |
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126 | (2) |
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Chapter 44 Preferred and Common Stock: Additional Paid in Capital |
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128 | (3) |
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Chapter 45 Retained Earnings: Warren's Secret for Getting Superrich |
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131 | (5) |
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Chapter 46 Treasury Stock: Warren Likes to See This on the Balance Sheet |
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136 | (3) |
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Chapter 47 Return on Shareholders' Equity: Part One |
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139 | (2) |
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Chapter 48 Return on Shareholders' Equity: Part Two |
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141 | (2) |
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Chapter 49 The Problem with Leverage and the Tricks It Can Play on You |
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143 | (4) |
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Chapter 50 The Cash Flow Statement: Where Warren Goes to Find the Cash |
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147 | (5) |
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Chapter 51 Capital Expenditures: Not Having Them Is One of the Secrets to Getting Rich |
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152 | (4) |
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Chapter 52 Stock Buybacks: Warren's Tax-Free Way to Increase Shareholder Wealth |
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156 | (5) |
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Valuing the Company with a Durable Competitive Advantage |
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Chapter 53 Warren's Revolutionary Idea of the Equity Bond and How It Has Made Him Superrich |
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161 | (5) |
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Chapter 54 The Ever-Increasing Yield Created by the Durable Competitive Advantage |
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166 | (2) |
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Chapter 55 More Ways to Value a Company with a Durable Competitive Advantage |
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168 | (3) |
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Chapter 56 How Warren Determines the Right Time to Buy a Fantastic Business |
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171 | (2) |
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Chapter 57 How Warren Determines It Is Time to Sell |
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173 | (4) |
| Appendix |
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177 | (4) |
| Select Glossary of Terms |
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181 | (10) |
| Acknowledgments |
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191 | (2) |
| Index |
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193 | |
