Warren Buffett and the Interpretation of Financial Statements

The Search for the Company with a Durable Competitive Advantage

Framework

by

Mary Buffett and David Clark

2008

2008

A framework for using Warren Buffett's strategy to read financial statements and find signs of a durable moat. The author was part of Buffett's family and has behind-the-scenes insights into what he focuses on when reading financials. The book breaks down the income statement, balance sheet, and statement of cash flows in clear terms and highlights what to look for in each. It also explains how Buffett values companies using financial statements.

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Jermaine's Notes

March 2026

Read 2008 hardcover

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