Warren Buffett: How To Analyze An Income Statement (7 Rules)

[@BrianFeroldiYT]

Thanks for watching! Grab a free copy of all of Buffett's Financial Rules of Thumb PDF here: longtermmindset.co/Buffett

[@tucoramirez9557]

6:14 -> 25.3 / 173,966 = 14,6% 6:41 -> 30,348 / 173, 066 = 17,4% Brian, how about at least whip out a calculator, so the math checks out?!

[@ioanekaanapu5558]

The link doesn’t work to get the pdf

[@FYPNLP]

In a sea of crap youtube influencers....there are amazing people like you who give real value.

[@BrianFeroldiYT]

Wow - thanks so much! We try our best.

[@FYPNLP]

@@BrianFeroldiYT My pleasure. I post your videos all the time in our private investing group because it's great content. All killer no filler👍

[@davianoinglesias5030]

This KZbin channel is a free accounting school

[@BrianFeroldiYT]

:) That's the goal! We're going to pivot to valuation & general stock investing after we knock out all of the accounting vidoes.

[@Teja]

@@BrianFeroldiYTgood to know! 😊

[@AlfaK1lo]

This has helped me alot. Im currently taking an MBA in Oslo, Norway and this stuff isnt covered in school. A question, how do you know Warren has 7 rules for analyze an income statement, and 5 for the balancesheet? It's so well made and easy to follow so thank you!

[@RK24-b5p]

probably insider info. Stuff Buffet doesn't wanna say. Something like insurance where you can take the money you get upfront and invest it + your customers are other insurance companies

[@chamindasilva3191]

One of the best. Once these diagnostics are run there are only few companies left as attractive for investments.

[@BrianFeroldiYT]

Glad it was useful

[@cuhullin3539]

Appreciate y'all taking the time to put out bangers like this one and the one on balance sheets. Cheers!

[@BrianFeroldiYT]

Glad you enjoy it!

[@MaryAlexander-xm5vz]

I love this video! You provided very useful information.

[@BrianFeroldiYT]

Glad it was helpful!

[@77magicbus]

Great Video. Best one of yours I have seen yet. Thanks

[@BrianFeroldiYT]

Wow, thanks! More to come!

[@Yatra-kj3zq]

Thank you Brian

[@BrianFeroldiYT]

My pleasure!

[@biagiodg85]

Wonderful content qnd useful examples, what site are you using to do the Apple analysis?

[@BrianFeroldiYT]

Finchat.io/brian

[@martinreilly41]

Great Video , would you be able to advise where these rules of thumb were obtained from, did Buffett lay these out in a document somewhere? Cheers.

[@BrianFeroldiYT]

They are found in his books! These come from "Warren Buffett & the interpretation of financial statements."

[@abdelazizazouz2266]

Hi wiich website do u use for financial data for apple? Thanks

[@chamindasilva3191]

Very rational explanation. However in the recent past Buffet has been selling AAPL with all 7 indicators being positive?

[@BrianFeroldiYT]

There’s more to investing than just financial statement analysis :)

[@Triple_J.1]

Buffet was converting shares back into cash. That investment ran away, and Buffet would ordinarily keep his winners forever. But He is running an investing company. And that means finding new investments for the future and purchasing them. This takes cash. AAPL was the largest portion of his portfolio, and it is somewhat "overpriced" at the current market conditions. Selling now means having the cash to but other assets OR buying back into Apple at a discount after a looming market correction. There was also the chance that Kamala Harris would win the election, and Bidens 2025 tax plan included a hike from 21% to 28%, plus threat of additional capital gains tax. Taking profits NOW before the end of 2024 is smart, to hedge against significantly increased taxes next year. The Trump election mitigates that particular risk. But brings with it many more. (Rampant inflation, as Trump historically debased the US dollar by 1/5th or 20%, leading to rampant inflation as he left office, while blaming it on his successor and leveraging that lie to gain re-election). So, the markets future is precarious with Trump, not stable.

[@johnjohnrice585]

What is the the name of the website where you were checking out Apple’s statements? Finchat, fincheck?

[@BrianFeroldiYT]

Finchat.io/brian

[@Jokester1338]

These percentages are not always going to be the same across all industries

[@BrianFeroldiYT]

Correct. Hence why they are “rules of thumb”, not “rules”.

[@TheLastBananna]

👍🏽👍🏽👍🏽

[@eyelovecolorado2195]

Why did bufett sell 50% of his Apple stock??

[@BrianFeroldiYT]

I made a video about that

[@BrianFeroldiYT]

Why Warren Buffett Is Selling Apple kzbin.info/www/bejne/pZqllnSiadBoj6s

[@DeRothschild]

Concentration risk. If I recall correctly Berkshire’s portfolio, at the time, was composed of nearly 40% or 45% of Apple stock. I’m not sure anyone else pointed this out.

[@wiSemanul]

You can see not even one big company follows the income tax margin, strange...

[@nunofreitas8838]

Something changed, Warren Buffett sold 50% of Apple...

[@BrianFeroldiYT]

It's still a great example company to use

[@bossonfire5110]

Why in the hell sell apple ? Maybe he’s to old and doesn’t understand the impact of AI in a Smartphone

[@freedomexpress9341]

@@bossonfire5110 maybe not when AI can become a surveillance tool?

[@bossonfire5110]

@@freedomexpress9341 i use Chat gpt every day it’s her to stay no way back. But I don’t think Warren uses Chat GPT everyday and he thinks it’s a bubble

[@discerningacumen]

Totally wrong analysis!

[@BrianFeroldiYT]

Because….?