September 2013
Beginner
224 pages
3h 48m
English
Content preview from The Warren Buffett Way WorkbookBecome an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
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Chapter 1
A Five-Sigma Event
THE WORLD’S GREATEST INVESTOR
Answers to Multiple-Choice Questions
1. C. Berkshire Hathaway is best thought of as a holding company that owns companies and additionally owns shares in publicly traded companies. The growth of Berkshire Hathaway can be attributed to a combination of earnings generated by the companies owned and the appreciation of the investment portfolio.
2. D. An investor or businessperson should have several considerations before investing in or purchasing a company. How much capital reinvestment is required to keep the company running, the debt obligation of the company, and management’s track record and vision should all be considered. In addition, other questions to ask include who is the competition, is the competition better off than the company under consideration, what the return on investment for the company is, what is the company worth, and is the price to buy the company higher or lower than the value of the business.
3. B. Warren Buffett believes there should be no difference between the investment approach of a businessperson and an investor. Both should look at their investments or ownership in businesses in the same way. In both cases consideration should be given to a company’s products and services along with the strength of a company’s competition.
4. A. The point in the investing process where many investors considering purchasing a publicly traded stock deviate from an individual considering buying an entire company ...
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O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.Julian F.
I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.