Bud Labitan

Battle of the Building Material Makers: Owens Corning vs. USG Corp.

Ever wonder how Warren Buffett and Charlie Munger frame an investment decision? I think you might like my new self-published book. My book, "The Four Filters Invention of Warren Buffett and Charlie Munger" examines each of the basic steps they perform in framing and making an investment decision.
Here is a 10 min. audio book summary:
www.frips.com/4fsummar...

Bud Labitan
frips.com

Coke: “Pepsi Sells Sugary Fizzy Water” - S&P and Moody's

From Graham and Dodd to Buffett and Munger the world of value investing is a search for quality bargains. Ever wonder how Warren Buffett and Charlie Munger "frame" an investment decision? I think you might like my new small self-published book. My book, "The Four Filters Invention of Warren Buffett and Charlie Munger" examines each of the basic steps they perform in framing and making an investment decision. Buffett mentions the Four Filters this way: "Charlie and I look for companies that have a) a business we understand; b) favorable long-term economics; c) able and trustworthy management; and d) a sensible price tag." These Four Filters can enhance the probability of our investment success. My book is available at frips.com and, it includes a valuation case example of Kraft, KFT. Here is a 10 min. audio book summary:
www.frips.com/4fsummar...

Bud Labitan
frips.com

Warren Buffett Talks About the Market, Housing and Investing

Ever wonder how Warren Buffett and Charlie Munger frame an investment decision? I think you might like my new self-published book. My book, "The Four Filters Invention of Warren Buffett and Charlie Munger" examines each of the basic steps they perform in framing and making an investment decision. Warren Buffett mentions the Four Filters this way: "Charlie and I look for companies that have a) a business we understand; b) favorable long-term economics; c) able and trustworthy management; and d) a sensible price tag." These Four Filters can enhance the probability of our investment success. My book is available at frips.com and, it includes a valuation case example of Kraft, KFT.

Here is a 10 min. audio book summary:
www.frips.com/4fsummar...

Bud Labitan
frips.com

Buffett: "Was It Something I Said?"

BRK is a QB... a high Quality Bargain with "pricing power." In my view, it will weather inflation better than most other companies out there. So, how do the best frame an investment decision? I think you may like to read my new self-published book. My book, "The Four Filters Invention of Warren Buffett and Charlie Munger" examines each of the basic steps they perform in framing and making an investment decision.

Warren Buffett mentions the Four Filters this way: "Charlie and I look for companies that have a) a business we understand; b) favorable long-term economics; c) able and trustworthy management; and d) a sensible price tag." These Four Filters can enhance the probability of our investment success. My book is available at frips.com and, it includes a valuation case example of Kraft, KFT.

Here is a 10 min. audio book summary:
www.frips.com/4fsummar...

Bud Labitan
frips.com

Kraft: A Tasty Long-Term Play - Barron's

Judy,

My new book includes an "intrinsic valuation" of Kraft. And, readers will be pleasantly surprised and rewarded for reading it.

How do the best frame an investment decision? I think you might like my new self-published book. My book, "The Four Filters Invention of Warren Buffett and Charlie Munger" examines each of the basic steps they perform in framing and making an investment decision.

Warren Buffett mentions the Four Filters this way: "Charlie and I look for companies that have a) a business we understand; b) favorable long-term economics; c) able and trustworthy management; and d) a sensible price tag." These Four Filters can enhance the probability of our investment success. My book is available at frips.com and, it includes a valuation case example of Kraft, KFT.

Here is a 10 min. audio book summary:
www.frips.com/4fsummar...

Bud Labitan
frips.com

Berkshire Could Hit $200K Within Two Years - Barron's

Eli, I agree with you. The intrinsic value of BRK is around 200K now. I think you might like my new self-published book. My book, "The Four Filters Invention of Warren Buffett and Charlie Munger" examines each of the basic steps they perform in framing and making an investment decision.

Warren Buffett mentions the Four Filters this way: "Charlie and I look for companies that have a) a business we understand; b) favorable long-term economics; c) able and trustworthy management; and d) a sensible price tag." These Four Filters can enhance the probability of our investment success. My book is available at frips.com and, it includes a valuation case example of Kraft, KFT.

Here is a 10 min. audio book summary:
www.frips.com/4fsummar...

Bud Labitan
frips.com

Notable Quotables: Buffett-Munger Edition

The Four Filters Invention of Warren Buffett and Charlie Munger, a new book, is at frips.com

2008 Wesco Shareholder Meeting: Detailed Notes

Did Munger say anything about synthesis? I know he is big on putting all the ideas together in one big latticework of understanding. Thanks for posting this article. I hope to make the Wesco meeting next year.
Bud

The "Four Filters" of Warren Buffett and Charlie Munger

Want a quick check list in evaluating management? Use this 4-step SOAP process that is taught to medical doctors. Subjective, Objective, Assessment, Plan.

Subjective(feelings)
I like his/her leadership and communication style. She or he makes me feel good about their prospects. He or she warns me about their competitive challenges ahead. KLM; Kings, Likables, & Morons.
Discard the bad ones quickly.

Objective(facts)
5-year R.O.E. is rising or falling?
FreeCashFlow to the firm is rising or falling?
Actions to maintain or improve profit margins?
Run your 4-Filters Formula Checklist.

Assessment(impression)
Is there enough here to watch this company or mark it “Too Tough.” Munger said that if it was “too tough” or “too complex,” then it goes in the wastebasket.

Plan
1.Discard or Study(monitor)
2.Buy or Sell


Thanks for the question. I hope you buy a copy of the book.
I am still negotiating with a publisher. Send me more feedback and I will put you on a notification of publication list.