1317. Audiobook preview Music/songs (10/18/21)

Published: Oct. 18, 2021, 10:03 a.m.

b'Bestselling authors Mary Buffett and David Clark examine seventeen companies that Warren Buffett has bought for himself and for his holding company, Berkshire Hathaway, as durable investments and explain why these companies are once again selling at prices that offer great long-term growth prospects.\\n\\nWarren Buffett has always believed that the time to buy stocks is when nobody else wants them. Even some of the most amazing businesses\\u2014those with a durable competitive advantage\\u2014are trading at prices and price-to-earnings ratios that offer investors serious long-term moneymaking opportunities. Pessimism about the banking situation in Europe and unemployment in America have created the perfect storm to bring stock prices down and present value-oriented investors some great possibilities.\\n\\nIn Warren Buffett\\u2019s world, as stock prices decrease, the prospects for investment increase. Putting a number on those prospects tells Warren whether or not the stock is an attractive buy. The Warren Buffett Stock Portfolio explains how to do just that\\u2014how to value companies and conservatively estimate the kind of future return that an investment is offering at its current market price. Mary Buffett and David Clark look at stocks in Warren\\u2019s portfolio as the basis for their analysis.\\n\\nAfter a brief history of Warren\\u2019s investment strategy, Buffett and Clark explain how to interpret a company\\u2019s per-share earnings and per-share book-value histories to quickly identify which companies have a durable competitive advantage and to project the compounding annual rate of return that an investment offers. The authors provide case studies and evaluations of seventeen companies in Warren Buffett\\u2019s portfolio.\\n\\nThe Warren Buffett Stock Portfolio is a valuable companion to the other books in Buffett and Clark\\u2019s successful series\\u2014Buffettology, The Buffettology Workbook, The New Buffettology, The Tao of Warren Buffett, Warren Buffett and the Interpretation of Financial Statements, Warren Buffett\\u2019s Management Secrets, and Warren Buffett and the Art of Stock Arbitrage'