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Accounting 101: Reading a Company Annual Report like Warren Buffett
By Stocks Trading Singapore  •  September 7, 2014
If you think you can be a great investor, you’d better enjoy working with one of the principal tools of the trade: Reading companies’ Annual Reports. Berkshire Hathaway’s Warren Buffett has said he loves to curl up with companies’ annual reports. When asked how to get smarter, Buffett once held up stacks of paper and he said  “read 500 pages like this every day. That’s how knowledge builds up, like compound interest.” Indeed, smart fund managers think of Company Annual Reports as puzzles or treasure hunts and relish the chance to dig through even the microscopic footnotes. We retail investors may not have the same advantage as a fund manager, who looks at hundreds of these filings year after year. So to help the individual investor know what to look for when considering stocks for their portfolio and when reviewing the outlook for current stock holdings, I’ve put together a ......
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By Stocks Trading Singapore
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