Warren Buffett Accounting Book

Full Name
Warren Buffett Accounting Book: Reading Financial Statements for Value Investing

Warren Buffett Accounting Book is a great introduction to reading annual reports, getting familiar with the value investing philosophy, analyzing businesses, and estimate intrinsic value. It starts out by discussing how you can profit from intelligent investing in the stock market. Aside from teaching the readers how to read the income statement, the balance sheet, and cash flow statement, you will also learn the principles and rules of value investing.

This book teaches:

  1. Two methods for calculating the intrinsic value of a company
  2. What is a discount rate and how does it work
  3. Detailed instructions on how to read an income statement, balance sheet, and cash flow statement
  4. How to calculate important ratios to properly value any business