Warren Buffett and the Interpretation of Financial Statements

The Search for the Company with a Durable Competitive Advantage


  • On Amazon
  • ISBN: 978-1416573180
  • My Rating: 1/10

I didn't like this book and hence I only skimmed through. The main reason I disliked it is the very annoying writing style that seems to assume the reader is an idiot. And I don't know how often the authors use "durable competitive advantage", but it is definitely way too often. Another point is that I found the content too basic, I expected a bit more than just an introduction to financial statements for newbies. Last, but not least, there are errors that are simply unforgivable, like an unbalanced balance sheet or that EBITDA means "earnings before income taxes, depreciation, and amortization"...