What's the Word from Buffett in 2013?
Buffett's Letter: Corporate Finance 101 How often have we heard investors and equity analysts say they wish they had the Buffett magic touch? That's Warren Buffett, arguably considered the best, most successful and perhaps most patient investor of all time? How often have we heard people wonder what special analytical skills Buffett possesses? What is that something (beyond patience and wisdom from experience) he has that myriad others don't have? The story of Buffett's investment expertise has been told often. Buffett the investment expert operates via the investment vehicle Berkshire Hathaway, Inc. He has been the investing world's best-known value investor and relies, as he did decades ago, on old-fashioned, traditional investment analysis, the same tools, principles and techniques he picked up when he first encountered the conventions of Graham-Dodd analysis in school. Buffett studied Graham-Dodd principles (thoroughly explained in the 1940 book Security Anal...