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1. Thanks to Sand105 for generously providing the download. One item I have changed since the book came out is in the Quality of Profits Chart. I now have the accrual (GAAP) bar in-between the defensive and enterprising bars. This is to emphasize that the GAAP income statement is too enterprising for the defensive investor, and too defensive for the enterprising investor.

2. I recently finished writing a short (22 pages) guide on how to use the Earnings Power Chart. If you want a copy, send me an e-mail at Hewitt.Heiserman@EarningsPower.com. Included in this guide are charts of 9 companies that forged Earnings Power Staircases (or are still doing so) and made their patient investors lots of money. To make sure I stick to my plan, I find it useful to compare the companies I own to these "stock market Mount Rushmores." Maybe you will also find these charts, as well as the other information, useful.


Hewitt
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