Intelligent Investment Today - The Warren Buffett Way
INTELLIGENT INVESTMENT TODAY, a Shortcast "mini-podcast" series each around ten minutes, focusing on the teachings of the father of the craft, Benjamin Graham, teacher and mentor to the most successful investor of all time Warren Buffett.
Designed for the complete novice without any experience in the stock market as well as the more experienced investor wishing to reacquaint themselves with the likes of "Mr Market" and "The margin of safety principle".
Intelligent Investment Today - The Warren Buffett Way
The Income Account - A Vital But Misleading Document
In this edition we take a look at one of the most important documents to be found in a company's accounts, the Income statement or Profit and Loss account. We consider how oftentimes all is not what it seems with this seemingly innocuous accounting document. We look at common and perfectly legal techniques accountants and management teams can use to paint a picture that suits their narrative but all too often leads the unwary investor into overvaluing a business.