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Wednesday, January 18, 2012

FORBES: Warren Buffett's Big Earnings Week


Warren Buffett speaking to a group of students...
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1/13/2012 @ 3:49PM

With earnings season kicking into high gear, dozens of companies from across the market spectrum are slated to step up to the plate in the coming week.

In their reports, these firms will provide important insights into how they fared over the past three months as well as what they expect to see as we progress further into 2012.

Fans of Warren Buffett should have their eyes set on the earnings calendar in the coming days as a number of the investor’s top portfolio holdings take the spotlight. While, given his long- term investing horizon, a single quarter’s showing will likely do little to impact Buffett’s investment decisions, these showings will be interesting to watch for his followers.

Wells Fargo (WFC) will kick off the week’s festivities when it releases its report on Tuesday. For decades, the California-based financial titan has been a staple of the Berkshire Hathaway (BRK.A) investment portfolio. Currently, the firm is the third largest holding, representing a nearly 15% slice of its assets.

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Warren Buffett and the Interpretation of Financial Statements: The Search for the Company with a Durable Competitive AdvantageWarren Buffett and the Interpretation of Financial Statements: The Search for the Company with a Durable Competitive Advantage by Mary Buffett
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