Business Analyst & Financial Author

What can I do for you? Together, we can structure win-win-win situations. 

Experience: MD, MBA, Software designer, Business author, and "Decision Framing and Valuation" expert. 

Specialties: Listening, Public Speaking, Leadership, Family ... more

ALL CONTRIBUTIONS

The Four Filters Invention Of Warren Buffett And Charlie Munger - Book Excerpt
How do we improve and optimize our investing decision making? This was the goal of the first edition of this book. Now, about 5 years later, this journey continues with more insights and examples.
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STOCKS I FOLLOW

AMIAX Alliancebernstein Muni Ii Michigan Portf Class A
AZO AutoZone Inc
CRTZF CORTEZ GOLD CORP
DEQSF DEQ SYS CORP
FHMLF FUSO CHEMICAL CO LTD
FSQGX Fifth Third Quality Growth Cl A Shs
HVFRX Hartford Value Fund Cl R3
INSY Insys Therapeutics
NQUSS1353X Nasdaq OMX Indices USA
OROVF ORIENT OVERSEAS INTL
PAF PowerShares FTSE RAFI Asia Pacific ex-Japan Portfolio
PYRNF PYROGENESIS CDA INC
RBOAX American Fds Intermediate Bd Fd Of America Cl R-
RYHDX Rydex Sers Fds High Yield Strategy Fund A Class
SBKJY STATE BK INDIA 144A
VOSNF VOSS NET ORD 5P
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TWEETS

PERSONAL BLOG

Latest Posts
Chapter 5: Mental Toughness (Sports & Stocks Book By Bud Labitan)
Sports & Stocks describes investing in the stock of a winning business. Mixing sports talk with investing talk may stimulate your thinking about better investing. The Goal is to find HQB, High Quality (Business) Bargain. This book includes new stock valuations of Baxter, Boeing, and Disney.
Sports & Stocks Book By Bud Labitan
Sports & Stocks relates winning sports and investing ideas. Readers are entertained to think about their approach to finding a high QB, Quality Business, and a profitable value stock.

Work Experience

Managing Partner
Labitan Partners LLC
January 2014 - Present (5 years 2 months)

How do we overcome our conventional tendencies when framing our investment decisions? Elaborate! The Elaboration Effect refers to the inhibition of common framing effects when decision makers are asked to elaborate their decision making process. The process of elaboration appears to work because one allows himself or herself to eliminate less than optimal choices. Buffett has always told students to be able to "explain why you are buying a stock." 

Visiting Clinical Assistant Professor of Family Medicine
Indiana University School of Medicine
August 2010 - Present (8 years 8 months)

I discussed cases in Cardiology, Pulmonary, and Renal diseases with second year medical students.

Chief Investment Officer
Labitan Partners, LLC
January 2004 - Present (15 years 4 months)

Chief Investment Officer

Education

Purdue University Calumet
MBA
2001 / 2003
Management and Finance
AUC School of Medicine
MD
1984 / 1987
Medicine
Indiana University Bloomington
BS
1978 / 1982
Biological Sciences

Publications

The Four Filters Invention of Warren Buffett and Charlie Munger ( Second Edition )
Bud Labitan
lulu.com
03/22/2014

"The Four Filters Invention of Warren Buffett and Charlie Munger" examines each of the steps they perform in framing and making an investment decision. The author believes that Buffett and Munger expanded the field of "Behavioral Finance" by using this thoughtful and effective process. The genius of Buffett and Munger's four filters process was to capture all the important stakeholders in their decision making. Imagine. . . Products, Enduring Customers, Managers, and Margin-of-Safety. . . all in one mixed "qual + quant" formula. This second edition contains additional examples in this amazing process. This edition also contains the author's look into their 1988 valuation of Coca-Cola. Each chapter has additional specific examples. The author also discusses additional insights he has learned in the past five years since the first edition was released.

Moats : The Competitive Advantages of 70 Buffett & Munger Businesses
Bud Labitan
Bud Labitan
04/14/2012

his may be the best business book that describes the competitive advantages of profitable businesses. MOATS describes the competitive nature of 70 selected businesses purchased by Buffett and Munger for Berkshire Hathaway Inc. MOATS is a very useful resource for investors, managers, students of business. Since its subject matter has proven success, MOATS may soon become a useful text in businesses schools around the world. MOATS also looks at the sustainability of these competitive advantages.