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💰Warren Buffett: How to Analyze an Income Statement
Hey Reader,From the oops category: In 2002, Hershey Foods almost accidentally sold itself. A sale sign was mistakenly left on during a routine software test, causing the stock to surge 25% before the error was caught and corrected. (That would have been a sweet sale, boo...) In today's issue: How to read an income statement like Warren Buffett (who doesn't want to know that?) How to read a company's lifecycle and its impact on valuation. How to calculate ROIC broken down Don't fall in love...
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