Lesson 3: What is a Balance Sheet and Margin of Safety

Preston Pysh is the #1 selling Amazon author of two books on Warren Buffett.

In lesson 3, explore the importance of a Balance Sheet and learn current assets and liabilities as income streams and obligations, respectively; a company will receive or pay during the next 12 months. Also learn the equity of a business as equal to the total assets minus the total liabilities. After determining a company's equity, you can use that important number to determine the margin of safety that's associated with buying a business.

Lession 2 - Value a Small Business Like Warren Buffett

Preston Pysh is the #1 selling Amazon author of two books on Warren Buffett.

In this lesson, students learn about Net Income, Total Revenue, Cost of Revenue, and very basic valuation techniques.

Source: Preston Pysh

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