Summary: In this episode we wrap up our 3-part series 'Thinking like Warren Buffett'. We've pulled out a 9-question checklist from Buffettology, a book by Warren's daughter-in-law Mary Buffett. We've each chosen a stock and are running through the checklist and seeing if our chosen stocks pass the Buffettology test. In this episode we answer questions 7, 8 & 9. For Questions 1-4, check out episode 46. For Questions 5-6, check out episode 47. In this episode you will learn: Why retained earnings are so important. What good capital allocation looks like for businesses. About share buybacks. Why Warren prefers buybacks to dividend payments. The importance of finding businesses that can adjust prices for inflation. Whether the boys chosen companies passed the 9-part checklist. Stocks and Resources Discussed: ResMed (ASX & NYSE: RMD) Boral (ASX: BLD) Buffettology by Mary Buffett Equity Mates Recommended Reading Page [This episode is brought to you by Stake – The Australian investing platform offering access and free brokerage to US markets. For more information & to sign up check out: equitymates.com/stake]
