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Thanks for posting this.
I've added a lot of your books concepts to my own spreadsheet and have been looking to trial a new company through the spreadsheet. I'll work with this one. I think that conceptualizing the income statement in enterprising and defensive fashion (and return on greenest dollar) is a very useful way of understanding a companies true profitability and risk ... I am convinced that Buffett uses the same thought process ... although he likely does it in his head.
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