💰New Buffett Letter Out, Christmas for Value Investors is Here


Hey Reader,

Buffett continues to defy norms. For example, he said during a Fortune interview, "I am one-quarter Coca-Cola... If I eat 2700 calories a day, 700 are Coca-Cola." So much for longevity and eating healthy.

In today's issue:

  • Buffett's Annual Letter released - value investors' favorite day
  • Mauboussin's new paper explores investment probabilities and payoffs
  • Guide reveals hidden information in financial statement notes
  • Quick 5-minute method for analyzing financial statements
  • Much more......

💸Sponsored by:

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🎓 Why Choose Us?

  • 30+ Hours of Content: Learn at your own pace with in-depth courses covering everything from investment strategies to financial statement analysis.
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🔍 What You'll Learn:

  • Learn the art of valuation from breakdowns of DCFs, reverse DCFs, and many other methods.
  • How to read financial statements and analyze companies.
  • The importance of moats and how to identify them.
  • Much more....

Connect, Learn, and Grow with Value Spotlight.


💎NUGGETS

My Favorite Finds

It's here, Warren Buffett's latest Annual Letters to ShareholdersChristmas for value investors.

New paper from Michael Mauboussin, Probabilities and Payoffs, always worth a read.

Companies love to hide important information in the notes. Here, New Constructs teaches us how to find those nuggets.

Great thread on how to analyze the income statement, balance sheet, and cash flow statement in < 5 minutes.

Fantastic lessons on how to break down the revenues of a company line by line.

Great interview with John Rotonti breaking down starting an investment portfolio from scratch.


🔍Question of the Week

What 3 companies do you feel have the strongest moat? Let me know in the replies.


📖Knowledge Tidbits

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10:5 AM • Feb 18, 2025
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Thanks,
Dave Ahern
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