Description
Book SynopsisA guide to making money the Warren Buffett way. It presents the same fundamentals that Warren Buffet used to turn an initial $105,000 investment into a $40 billion fortune in a way the general reader can apply. It also includes an overview of Warren Buffett's investment methodology and how it applies to small businesses.
Table of ContentsForeword ix
Acknowledgments xi
Introduction Painting the Picture of the Ideal Business 1
Chapter 1 Buffett and the Fundamental Business Perspective 9
Chapter 2 The Importance of a Consumer Monopoly or Toll Bridge 19
Chapter 3 Strong, Consistent, and Growing Earnings 31
Chapter 4 Emphasizing a High Return on Equity 51
Chapter 5 Retained Earnings—The Fuel for the Engine of Compounding Returns 81
Chapter 6 The Tumor of Long-Term Debt 131
Chapter 7 Keeping Up with the Joneses 147
Chapter 8 With Healthy Net and Gross Margins 157
Chapter 9 Building a Small Business That Warren Buffett Would Love—Finishing the Landscape 167
Epilogue 175
Notes 185
About the Author 189
Index 191
