<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	xmlns:georss="http://www.georss.org/georss" xmlns:geo="http://www.w3.org/2003/01/geo/wgs84_pos#" xmlns:media="http://search.yahoo.com/mrss/"
	>

<channel>
	<title>Investing Like Warren Buffett</title>
	<atom:link href="http://investinglikebuffett.wordpress.com/feed/" rel="self" type="application/rss+xml" />
	<link>http://investinglikebuffett.wordpress.com</link>
	<description>One Man&#039;s Journey To Gain Investment Knowledge</description>
	<lastBuildDate>Thu, 19 Nov 2009 22:26:45 +0000</lastBuildDate>
	<language>en</language>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
	<generator>http://wordpress.com/</generator>
<cloud domain='investinglikebuffett.wordpress.com' port='80' path='/?rsscloud=notify' registerProcedure='' protocol='http-post' />
<image>
		<url>http://1.gravatar.com/blavatar/7d2f37b716197b763e3206d3ad7fc5e7?s=96&#038;d=http%3A%2F%2Fs2.wp.com%2Fi%2Fbuttonw-com.png</url>
		<title>Investing Like Warren Buffett</title>
		<link>http://investinglikebuffett.wordpress.com</link>
	</image>
	<atom:link rel="search" type="application/opensearchdescription+xml" href="http://investinglikebuffett.wordpress.com/osd.xml" title="Investing Like Warren Buffett" />
	<atom:link rel='hub' href='http://investinglikebuffett.wordpress.com/?pushpress=hub'/>
		<item>
		<title>Step #5 &#8211; Can Raise Prices with Inflation</title>
		<link>http://investinglikebuffett.wordpress.com/2009/11/19/step-5-can-raise-prices-with-inflation/</link>
		<comments>http://investinglikebuffett.wordpress.com/2009/11/19/step-5-can-raise-prices-with-inflation/#comments</comments>
		<pubDate>Thu, 19 Nov 2009 22:26:45 +0000</pubDate>
		<dc:creator>Andy</dc:creator>
				<category><![CDATA[Process]]></category>
		<category><![CDATA[Stock Analysis]]></category>
		<category><![CDATA[Stryker Analysis]]></category>
		<category><![CDATA[Inflation]]></category>
		<category><![CDATA[Pricing]]></category>
		<category><![CDATA[Step 5]]></category>
		<category><![CDATA[Stryker]]></category>

		<guid isPermaLink="false">http://investinglikebuffett.wordpress.com/?p=90</guid>
		<description><![CDATA[In Step #5, we are asking, &#8220;Can the company raise prices with inflation?&#8221;   We are looking to see if a company can maintain its profit margins when inflation raises its input costs. Traditionally, medical supply and device companies like Stryker have &#8230; <a href="http://investinglikebuffett.wordpress.com/2009/11/19/step-5-can-raise-prices-with-inflation/">Continue reading <span class="meta-nav">&#8594;</span></a><img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=investinglikebuffett.wordpress.com&amp;blog=10145329&amp;post=90&amp;subd=investinglikebuffett&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://investinglikebuffett.wordpress.com/2009/11/19/step-5-can-raise-prices-with-inflation/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
		<media:content url="http://1.gravatar.com/avatar/9b056c0c66cc8f9e928e507f29554568?s=96&#38;d=identicon&#38;r=PG" medium="image">
			<media:title type="html">andymichigan</media:title>
		</media:content>
	</item>
		<item>
		<title>Step #4 &#8211; Honest &amp; Transparent Management</title>
		<link>http://investinglikebuffett.wordpress.com/2009/11/10/step-4-honest-transparent-management/</link>
		<comments>http://investinglikebuffett.wordpress.com/2009/11/10/step-4-honest-transparent-management/#comments</comments>
		<pubDate>Tue, 10 Nov 2009 18:31:27 +0000</pubDate>
		<dc:creator>Andy</dc:creator>
				<category><![CDATA[Process]]></category>
		<category><![CDATA[Stock Analysis]]></category>
		<category><![CDATA[Stryker Analysis]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Honesty]]></category>
		<category><![CDATA[Management]]></category>
		<category><![CDATA[Step 4]]></category>
		<category><![CDATA[Stryker]]></category>
		<category><![CDATA[Transparency]]></category>

		<guid isPermaLink="false">http://investinglikebuffett.wordpress.com/?p=83</guid>
		<description><![CDATA[In Step #4, we are attempting gain some measure of management&#8217;s honesty and transparency.  For Stryker, I think they may fall short on this criteria. There have been recent legal troubles with the Department of Justice with its Biotech subsidiary &#8230; <a href="http://investinglikebuffett.wordpress.com/2009/11/10/step-4-honest-transparent-management/">Continue reading <span class="meta-nav">&#8594;</span></a><img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=investinglikebuffett.wordpress.com&amp;blog=10145329&amp;post=83&amp;subd=investinglikebuffett&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://investinglikebuffett.wordpress.com/2009/11/10/step-4-honest-transparent-management/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
		<media:content url="http://1.gravatar.com/avatar/9b056c0c66cc8f9e928e507f29554568?s=96&#38;d=identicon&#38;r=PG" medium="image">
			<media:title type="html">andymichigan</media:title>
		</media:content>
	</item>
		<item>
		<title>Step #3 &#8211; Invests Within Area of Expertise</title>
		<link>http://investinglikebuffett.wordpress.com/2009/11/10/step-3-invests-within-area-of-expertise/</link>
		<comments>http://investinglikebuffett.wordpress.com/2009/11/10/step-3-invests-within-area-of-expertise/#comments</comments>
		<pubDate>Tue, 10 Nov 2009 18:09:00 +0000</pubDate>
		<dc:creator>Andy</dc:creator>
				<category><![CDATA[Process]]></category>
		<category><![CDATA[Stock Analysis]]></category>
		<category><![CDATA[Stryker Analysis]]></category>
		<category><![CDATA[Core Competency]]></category>
		<category><![CDATA[Step 3]]></category>
		<category><![CDATA[Stryker]]></category>

		<guid isPermaLink="false">http://investinglikebuffett.wordpress.com/?p=69</guid>
		<description><![CDATA[The idea of strategic focus is at the foundation to this step. If a company sticks to what it knows and does, best then the likelihood of business success increases. For Stryker's businesses and product lines, this seems mostly true.
 <a href="http://investinglikebuffett.wordpress.com/2009/11/10/step-3-invests-within-area-of-expertise/">Continue reading <span class="meta-nav">&#8594;</span></a><img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=investinglikebuffett.wordpress.com&amp;blog=10145329&amp;post=69&amp;subd=investinglikebuffett&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://investinglikebuffett.wordpress.com/2009/11/10/step-3-invests-within-area-of-expertise/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
		<media:content url="http://1.gravatar.com/avatar/9b056c0c66cc8f9e928e507f29554568?s=96&#38;d=identicon&#38;r=PG" medium="image">
			<media:title type="html">andymichigan</media:title>
		</media:content>
	</item>
		<item>
		<title>Step #2 &#8211; Easily Understood Business</title>
		<link>http://investinglikebuffett.wordpress.com/2009/11/04/step-2-easily-understood-business/</link>
		<comments>http://investinglikebuffett.wordpress.com/2009/11/04/step-2-easily-understood-business/#comments</comments>
		<pubDate>Thu, 05 Nov 2009 00:42:14 +0000</pubDate>
		<dc:creator>Andy</dc:creator>
				<category><![CDATA[Examples]]></category>
		<category><![CDATA[Process]]></category>
		<category><![CDATA[Stock Analysis]]></category>
		<category><![CDATA[Stryker Analysis]]></category>
		<category><![CDATA[Products]]></category>
		<category><![CDATA[Services]]></category>
		<category><![CDATA[Step 2]]></category>
		<category><![CDATA[Stryker]]></category>
		<category><![CDATA[Understanding]]></category>

		<guid isPermaLink="false">http://investinglikebuffett.wordpress.com/?p=64</guid>
		<description><![CDATA[This step implies that I should easily understand how the company makes money selling its products and services. F <a href="http://investinglikebuffett.wordpress.com/2009/11/04/step-2-easily-understood-business/">Continue reading <span class="meta-nav">&#8594;</span></a><img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=investinglikebuffett.wordpress.com&amp;blog=10145329&amp;post=64&amp;subd=investinglikebuffett&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://investinglikebuffett.wordpress.com/2009/11/04/step-2-easily-understood-business/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
		<media:content url="http://1.gravatar.com/avatar/9b056c0c66cc8f9e928e507f29554568?s=96&#38;d=identicon&#38;r=PG" medium="image">
			<media:title type="html">andymichigan</media:title>
		</media:content>
	</item>
		<item>
		<title>Step #1 &#8211; Long-term Competitive Advantage</title>
		<link>http://investinglikebuffett.wordpress.com/2009/11/03/step-1-long-term-competitive-advantage/</link>
		<comments>http://investinglikebuffett.wordpress.com/2009/11/03/step-1-long-term-competitive-advantage/#comments</comments>
		<pubDate>Tue, 03 Nov 2009 21:16:19 +0000</pubDate>
		<dc:creator>Andy</dc:creator>
				<category><![CDATA[Stock Analysis]]></category>
		<category><![CDATA[Stryker Analysis]]></category>
		<category><![CDATA[competitive advantage]]></category>
		<category><![CDATA[economic moat]]></category>
		<category><![CDATA[Stryker]]></category>

		<guid isPermaLink="false">http://investinglikebuffett.wordpress.com/?p=51</guid>
		<description><![CDATA[Stryker has enjoyed brand-name recognition for both joint replacement/implant and medical supply products. Their revenue is split roughly 60% for joint/device implants and 40%  for the medical/surgical supply business Intangible Assets Brand Name &#8211; In the area of joint replacement and medical &#8230; <a href="http://investinglikebuffett.wordpress.com/2009/11/03/step-1-long-term-competitive-advantage/">Continue reading <span class="meta-nav">&#8594;</span></a><img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=investinglikebuffett.wordpress.com&amp;blog=10145329&amp;post=51&amp;subd=investinglikebuffett&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://investinglikebuffett.wordpress.com/2009/11/03/step-1-long-term-competitive-advantage/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
		<media:content url="http://1.gravatar.com/avatar/9b056c0c66cc8f9e928e507f29554568?s=96&#38;d=identicon&#38;r=PG" medium="image">
			<media:title type="html">andymichigan</media:title>
		</media:content>
	</item>
		<item>
		<title>A Candidate Company</title>
		<link>http://investinglikebuffett.wordpress.com/2009/10/31/a-candidate-company/</link>
		<comments>http://investinglikebuffett.wordpress.com/2009/10/31/a-candidate-company/#comments</comments>
		<pubDate>Sat, 31 Oct 2009 22:21:40 +0000</pubDate>
		<dc:creator>Andy</dc:creator>
				<category><![CDATA[Process]]></category>
		<category><![CDATA[Stock Analysis]]></category>
		<category><![CDATA[Stryker Analysis]]></category>
		<category><![CDATA[economic moat]]></category>
		<category><![CDATA[Sryker]]></category>
		<category><![CDATA[Step 1]]></category>

		<guid isPermaLink="false">http://investinglikebuffett.wordpress.com/?p=48</guid>
		<description><![CDATA[From my last post, I used the Morningstar premium stock screen to look for a list of companies with a "wide" economic moat. From this list I would like to pick a company to begin analyzing.  Foreshadowing step #2 of the process, I decided to select a company that I could easily understand. The first company I decided to analyze is Stryker Corporation. <a href="http://investinglikebuffett.wordpress.com/2009/10/31/a-candidate-company/">Continue reading <span class="meta-nav">&#8594;</span></a><img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=investinglikebuffett.wordpress.com&amp;blog=10145329&amp;post=48&amp;subd=investinglikebuffett&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://investinglikebuffett.wordpress.com/2009/10/31/a-candidate-company/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
		<media:content url="http://1.gravatar.com/avatar/9b056c0c66cc8f9e928e507f29554568?s=96&#38;d=identicon&#38;r=PG" medium="image">
			<media:title type="html">andymichigan</media:title>
		</media:content>
	</item>
		<item>
		<title>Identifying Candidate Companies</title>
		<link>http://investinglikebuffett.wordpress.com/2009/10/29/identifying-candidate-companies/</link>
		<comments>http://investinglikebuffett.wordpress.com/2009/10/29/identifying-candidate-companies/#comments</comments>
		<pubDate>Fri, 30 Oct 2009 03:41:38 +0000</pubDate>
		<dc:creator>Andy</dc:creator>
				<category><![CDATA[Examples]]></category>
		<category><![CDATA[Process]]></category>
		<category><![CDATA[competitive advantage]]></category>
		<category><![CDATA[economic moat]]></category>
		<category><![CDATA[morningstar]]></category>

		<guid isPermaLink="false">http://investinglikebuffett.wordpress.com/?p=41</guid>
		<description><![CDATA[Where do I start? The flowchart on the "Process" page indicates that I am looking for companies that produce brand-name products/services, sell products that are used quickly, provide repetitive consumer/business services, or provide communication services for businesses. As you might guess, there are hundreds of companies that would meet those criteria. Upon further studying of this first step, I figured out that I am looking for companies that have established sustainable competitive advantage.  <a href="http://investinglikebuffett.wordpress.com/2009/10/29/identifying-candidate-companies/">Continue reading <span class="meta-nav">&#8594;</span></a><img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=investinglikebuffett.wordpress.com&amp;blog=10145329&amp;post=41&amp;subd=investinglikebuffett&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://investinglikebuffett.wordpress.com/2009/10/29/identifying-candidate-companies/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
		<media:content url="http://1.gravatar.com/avatar/9b056c0c66cc8f9e928e507f29554568?s=96&#38;d=identicon&#38;r=PG" medium="image">
			<media:title type="html">andymichigan</media:title>
		</media:content>

		<media:content url="http://investinglikebuffett.files.wordpress.com/2009/10/econmoat.png?w=150" medium="image">
			<media:title type="html">Economic Moat Screen</media:title>
		</media:content>
	</item>
		<item>
		<title>Motivation</title>
		<link>http://investinglikebuffett.wordpress.com/2009/10/28/motivation/</link>
		<comments>http://investinglikebuffett.wordpress.com/2009/10/28/motivation/#comments</comments>
		<pubDate>Wed, 28 Oct 2009 20:03:21 +0000</pubDate>
		<dc:creator>Andy</dc:creator>
				<category><![CDATA[General/Overview]]></category>
		<category><![CDATA[Gains]]></category>
		<category><![CDATA[S&P 500]]></category>
		<category><![CDATA[Warren Buffet]]></category>

		<guid isPermaLink="false">http://investinglikebuffett.wordpress.com/?p=25</guid>
		<description><![CDATA[It occurred to me today, after my first posting,  I should mention my motivation for learning more about Warren Buffet's approach to investing. Like most average investors, I am heavily invested in a variety of mutual funds. Some of the funds struggle to outperform the S&#38;P 500, while other ones do so in an inconsistent way. Last year's financial market melt down obviously did significant damage to large number of investments, including my own mutual funds. I want to do better. <a href="http://investinglikebuffett.wordpress.com/2009/10/28/motivation/">Continue reading <span class="meta-nav">&#8594;</span></a><img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=investinglikebuffett.wordpress.com&amp;blog=10145329&amp;post=25&amp;subd=investinglikebuffett&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://investinglikebuffett.wordpress.com/2009/10/28/motivation/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
		<media:content url="http://1.gravatar.com/avatar/9b056c0c66cc8f9e928e507f29554568?s=96&#38;d=identicon&#38;r=PG" medium="image">
			<media:title type="html">andymichigan</media:title>
		</media:content>
	</item>
		<item>
		<title>The Beginning of a Journey</title>
		<link>http://investinglikebuffett.wordpress.com/2009/10/27/hello-world/</link>
		<comments>http://investinglikebuffett.wordpress.com/2009/10/27/hello-world/#comments</comments>
		<pubDate>Tue, 27 Oct 2009 22:35:40 +0000</pubDate>
		<dc:creator>Andy</dc:creator>
				<category><![CDATA[General/Overview]]></category>
		<category><![CDATA[Investment]]></category>
		<category><![CDATA[Process]]></category>
		<category><![CDATA[Warren Buffet]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[Welcome to the beginning of my journey to learn more about the investment approach used by Warren Buffet. I have been a fan of his work, his approach to investing, and the results he has been able to produce for his shareholders and partners. As you can see from my "About" page, I am not a professional investor, but I want to learn from one of the very best. This blog will document my educational journey, as I attempt to put together a process based on information that is publicly available about Warren Buffet's approach to investing. <a href="http://investinglikebuffett.wordpress.com/2009/10/27/hello-world/">Continue reading <span class="meta-nav">&#8594;</span></a><img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=investinglikebuffett.wordpress.com&amp;blog=10145329&amp;post=1&amp;subd=investinglikebuffett&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://investinglikebuffett.wordpress.com/2009/10/27/hello-world/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
		<media:content url="http://1.gravatar.com/avatar/9b056c0c66cc8f9e928e507f29554568?s=96&#38;d=identicon&#38;r=PG" medium="image">
			<media:title type="html">andymichigan</media:title>
		</media:content>
	</item>
	</channel>
</rss>
