How to invest like Warren Buffett: Part 2 - Income Statement (2023)

Описание: #personalfinance #valueinvesting
This is the 2nd of the short series of videos about how to invest like Warren Buffett, where we discuss the main principles of value investing and how to pick stocks to invest in based on the interpretation of financial statements.
This is above all important in the market crash that we are living now in 2022, because we are experiencing the best moment to buy great stocks at a wonderful price, that can give us top return in the long term.

Long-term value investing has proven to be the best way to make money on the stock market in the long term and the "Oracle of Omaha” Warren Buffett knows it best.
In this video we focus on how to read and interpret the Income Statement, which is one of the three most important financial statements (the others two being Balance Sheet and Cashflow Statement).

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🔴 See Part 1 of this series about investing like Warren Buffett:    • How to invest like Warren Buffett: Part 1 ...  

Timestamps -
00:00 Intro
01:09 What is the Income Statement?
1:32 Where to find the Income Statement?
04:49 Structure of Income Statement
05:44 Revenue
06:37 Cost of Goods Sold
07:04 Gross Profit
08:16 Operating Expenses
09:16 Selling & General Expenses
10:51 Research & Development
11:20 Depreciation Expense
12:07 Interest Expense
13:57 Income before Tax
14:14 Net earnings
16:01 Earnings Per Share
17.07 Conclusions

My main source for this video was the Book named "Warren Buffett and the Interpretation of Financial Statements" from Author Mary Buffett: https://amzn.to/39KKTYO

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