Simon & Schuster India
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The Warren Buffett Stock Portfolio is a valuable companion to the other books in Buffett and Clarks's successful series- Buffettology, The Buffettology Workbook, The New Buffettology, The Tao of Warren Buffett, Warren Buffett and the Interpretation of Financial Statements, Warren Buffett's Management secrets, and Warren Buffett and the art of Stock Arbitrage.
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 investment and explain why these companies are once again selling at prices that offer great long-term growth prospects.
Warren Buffett has always believed that the time to buy stocks is when nobody else wants them. As we enter the fifth year of what many economists are calling the great recession, we find that some of the most amazing businesses those with a durable competitive advantage are trading at prices and price to earnings ratio 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.
In Warren Buffett's world, as stock prices decrease, the prospects for investment increase. Putting a number on those prospects for investment increase. Putting a number on those prospects tells Warren whether or not the stock is and attractive buy. The Warren Buffett stock portfolio explains how to do just that- how 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 stock in Warren's portfolio as the basis for their analysis
After a brief history of Warren's investment strategy, Buffett and Clark explain how to interpret a company's 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's portfolio.
About The Author
Mary Buffett is an international bestselling author and speaker on the investigating methods of Warren Buffett. She gained her unique insight while married to Warren's son Peter for twelve years. She is gifted in her ability to make the complex world of investment easy to understanding and regularly lectures on the subject to audiences from California to New York to London to Beijing.
David Clark holds degrees in both finance and law, and in the late seventies was the founding member of the original Buffettologists- a small group of early Berkshire shareholders who studied the investment methods of Warren Buffett. He is now recognized as one of the world's leading authorities on the subject and has written extensively on it . He lives in Warren Buffett's hometown, Omaha, Nebraska, and is the managing director of a private partnership that invests primarily in arbitrage situations. Together they have written eight book on Warren Buffet's investment methods, four of them bestsellers in America and aboroad.