vintage herve leger [HERVELEGERAAA.COM] second

Buffett: Investors should regard themselves as managers,vintage herve leger, in-depth understanding of corporate wealth-creating activities.
"Historical. Merchant Biography": "With no money for power, a rare battle of wits, not only spare the time war."
wisdom interpretation Pacioli Pacioli password
prepared in good faith with the courage to face the Pacioli password
password
open pseudo will certainly be no competition for self-deception
power enterprises, not only the competitors will continue to attack you, do not forget there is another fierce group of hungry vultures circling in the head! (short speculators)
"Book of Changes" Revelation: Simple, Change and competitiveness is not easy
Teresa Trilogy:
Shoubu Qu: I only care about you - the customer's attitude
Rings: will you come again - many times customers come
Trilogy : Roadside wildflowers do not adopt - to concentrate on doing their own services
managers exercise a "five magic":
1. uphold the powers of the same upright the Heart
2. utilizing analysis of financial statements The two methods, "presents the facts" and "explain change"
3. really grasp the business three activities: operating, investing and financing
4. a deep understanding of the four operations and financial statements revealed Competition Information
"balance sheet\the five essential management practice: the formation of vision,herve leger, analysis current situation, coordinate their interests and try to encourage innovation and enabling
no kind of place to harvest, there is no place to amass scattered - Investors hope to do
good ethics equals good business (Good ethics is good business.)
"expression of truth" and "explain the reasons for change\"with the right person" is important, is because they would "do the right thing"
earnings quality can 真正 reflect an enterprise's Jing Zheng power, create enterprise of Changqijiazhi.
surplus Chi Xu nature (persistence) the higher the quality the better
earnings predictability (predictability) the higher the quality the better
earnings variability (variation) The lower the quality the better
surplus the possibility of converting into cash (realization) the higher the quality the better
earnings were manipulated (manipulation) of the lower level, the better the quality
all in the early large-scale reorganization or assets impairment is recognized, the future may have a surplus of quality problems
can make money does not necessarily competitive, but can be sustained, steady money, we will be competitive.
Warren Buffett has two tips: : First, never lose money; second,herve leger clothing, do not forget the first.
Tips 1: Lee shares fell more than a warning sign of
Tip 2: large-scale sell off of stocks by insiders warning
Posts ± 3: The occupation of the shareholders funds of a company warning
tips 4: replace the accounting firm's warning
tips 5: frequent replacement of top managers of the warning
whether personal or business, focus is to create the most basic principles of competitiveness.
ten recommendations:
1. "you are right or wrong, is not based on someone else's identity, but on the right in fact. "
2. to make the company's financial statements as quickly as possible to show that" economic substance "to reduce the" measurement error \starting point for asking questions, is not the answer.
4. business like a tripod, relying on three legs (three kinds of management activities) support, any one leg broken, Ding will be overturned.
5. utilize the competitiveness of the financial statements to reveal the password, build your "war intelligence dashboard".
6. the competitiveness of enterprises mainly from the "implementation force\force "caused by three kinds of power quality growth.
7. In addition to the amount of attention to the size of the financial statements figures, but also attention to the level of digital quality. When the manager or the investors in asset quality problems, to be able to "Indemnity," "give up" and "refocused".
8. to the financial statements of a train future business leaders of the aids.
9. managers must support and investment into reading "classic business" Annual Report of the habit.
10. Do not forget to change the powers of the Heart mm honest financial statements to be Practice "Course accountability".