bWith an insider's view of the mind of the master, Mary Buffett and David Clark have written a simple, easy-to-follow guide for reading financial statements from Warren Buffett's successful perspective.b pBuffett and Clark clearly outline Warren Buffett's strategies in a way that will appeal to newcomers and seasoned Buffettologists alike. Inspired by the seminal work of Buffett's mentor, Benjamin Graham iThe Interpretation of Financial Statementsi, 1937, this book presents Buffett's interpretation of financial statements with anecdotes and quotes from the master investor himself. pPotential investors will discover p-Buffett's time-tested dos and don'ts for interpreting an income statement and balance sheet p-Why high research and development costs can kill a great business p-How much debt Buffett thinks a company can carry before it becomes too dangerous to touch p-The financial ratios and calculations that Buffett uses to identify the company with a durable competitive advantage--whi