If you are learning value investing, you need to develop 2 key skills – how to analyze companies and how to value them.
According to Warren Buffett, the way to learn how to value a business is to do one case study after another.
There are two ways for you to learn from the case study:
It should be remembered that to develop the necessary investment skills you need both knowledge and practice. Case studies provide one way to see what you have learned being applied in a real-world setting.
The alternative to case studies is a simulation or paper transactions. But these are stories for another post.
If you want to know more about how to benefit from investment case studies go to ”Can we learn anything from investment case studies?”