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The 鉁嶏笍 explain how Buffett uses financial 馃搫 to uncover 馃彚 with a durable competitive advantage鈥攐nes that can fend off competitors and generate stable 馃挵. The 馃摉 breaks down key ratios and indicators, such as return on equity, debt levels, and operating margins, in an easy-to-understand manner. It is particularly valuable for those new to 馃挼 who want to learn how to evaluate the financial health of a 馃彚 beyond just its 馃搳 price. By interpreting these financial indicators, readers gain insight into how to find 馃彚 that are both high-quality and undervalued.