12 of 16 people found the following review helpful
Not for experienced readers,
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This review is from: Warren Buffett and the Interpretation of Financial Statements: The Search for the Company with a Durable Competitive Advantage (Hardcover)
I bought this book looking for distilled secrets; what the great man thinks about financial statements, and how he reads them. The right book for that subject is The Essays Of Warren Buffet. The wrong book is this one. Perhaps as a primer on financial statements it might be okay, but if you have any working knowledge of the elements of cash flow, income and balance sheet statements and their ratios -- skip this book! To add insult to time wasting, the book is written as if the reader were an idiot: "Warren says..." or "Warren thinks..." Techniques of Financial Analysis, by Helfert, is a far, far better book.