When should you invest in bonds rather than stocks? Stocks and bonds are alternates. This tenant used to be sacrosanct in the American investing lexicon. Sadly, this once well understood phrase appears to have faded into the miasma of modern…
Idle cash for a short period of time in a business tends to add up to substantial cost over the life of the business. Consider that the average savings account in the United States of say $20,000 in reserve can…
This is the complete list of books recommended by Warren Buffett. This list compiles every book mentioned in the course of interviews, annual reports, and other mentions. We have aimed to provide a complete set of resources spanning the lexicon…
Investors and managers should use owner earnings, as defined by Warren Buffet in his 1986 letter to shareholders, to calculate earnings. This analysis applies to business valuation and management. Owner earnings definition : These represent (a) reported earnings plus (b)…