J.K. LASSER’S™ PICK STOCKS LIKE WARREN BUFFETT CCC-Boroson FM (i-x) 8/28/01 1:25 PM Page i Look for these and other titles from J.K. Lasser™—Practical Guides for All Your Financial Needs J.K. Lasser’s Pick Winning Stocks by Edward F. Mrkvicka, Jr. J.K. Lasser’s Invest Online by Laura Maery Gold and Dan Post J.K. Lasser’s Year-Round Tax Strategies by David S. DeJong and Ann Gray Jakabcin J.K. Lasser’s Taxes Made Easy for Your Home-Based Business by Gary W. Carter J.K. Lasser’s Pick Winning Mutual Funds by Jerry Tweddell with Jack Pierce J.K. Lasser’s Your Winning Retirement Plan by Henry K. Hebeler J.K. Lasser’s Winning with Your 401(k) by Grace Weinstein J.K. Lasser’s Winning with Your 403(b) by Pam Horowitz J.K. Lasser’s Strategic Investing After 40 by Julie Jason J.K. Lasser’s Winning Financial Strategies for Women by Rhonda Ecker and Denise Gustin-Piazza J.K. Lasser’s Pick Stocks Like Warren Buffett by Warren Boroson CCC-Boroson FM (i-x) 8/28/01 1:25 PM Page ii J.K. LASSER’S™ PICK STOCKS LIKE WARREN BUFFETT Warren Boroson John Wiley & Sons, Inc. New York • Chichester • Weinheim • Brisbane • Singapore • Toronto CCC-Boroson FM (i-x) 8/28/01 1:25 PM Page iii Copyright © 2001 by Warren Boroson. All rights reserved. Published by John Wiley & Sons, Inc. Quotations from Philip Fisher are from Common Stocks and Uncommon Profits, by Philip A. Fisher. Copyright© 1996. Reprinted by permission of John Wiley & Sons, Inc. Brief quotations from Ben Graham are from pp. 94, 96, 100, 101, 106, 109, 110, 284, of the The Intelligent Investor Fourth Revised Edition, by Benjamin Graham. Copyright© 1973 by Harper & Row, Publishers, Inc. Reprinted by permission of HarperCollins Publishers, Inc. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning, or otherwise, except as permitted under Sections 107 or 108 of the 1976 United States Copyright Act, without either the prior written permission of the Publisher, or authorization through payment of the appropriate per-copy fee to the Copyright Clearance Center, 222 Rosewood Drive, Danvers, MA 01923, (978) 750-8400, fax (978) 750-4744. Requests to the Publisher for permission should be addressed to the Permissions Department, John Wiley & Sons, Inc., 605 Third Avenue, New York, NY 10158-0012, (212) 850-6011, fax (212) 850-6008, E-Mail: