what are the favorite business books of BPIs three leaders, which they donated to the BPI Library

(free entrance to the public) located at the banks main branch near the Cebu City all, and was a special re!uest by Cebu "ayor "ichael #ama$ BPI and %yala Corp& chairman 'aime %u(usto )obel de %yala told me* +,ere donatin( this library because we believe in the promotion of education& I love books& "y wife Li--ie and I have a .oint library of books& I buy more books than I can read& /ne of the most beautiful libraries is the one at my alma mater, arvard& 0he book I really like and will donate to the new BPI Library of Cebu$ 0he %scent of "oney* % 1inancial istory of the ,orld by arvard professor 2iall 1er(uson& Its about the principles and history of money&3 BPI president and chief e4ecutive officer Ce-ar +Bon(3 P& Consin( said, +"y favorite business book, which I .ust donated to the BPI Library in Cebu, is ,hat "oney Cant Buy* 0he "oral Limits of "arkets by %merican political philosopher and arvard 5niversity professor "ichael '& 6andel& 0he markets wouldnt build the BPI "useum on the first floor of this buildin( and this free public library on the second floor&3 BPI director, e47president and now 1ar 8astern 5niversity (185) chairman 9i(i "ontinola said, +I donated the business book 9ood to 9reat* ,hy 6ome Companies "ake the Leap&&& and /thers :ont by 'ames C& Collins& I think this interestin( book is appropriate for this library& 0he book discusses the process, which starts with pickin( (ood people, lookin( carefully at reality, then checkin( what you can do well and stop doin( what you dont do well&3 ,arren Buffett, the worlds wealthiest investor, has the followin( all7time favorite business books* 0he Intelli(ent Investor by former Columbia 5niversity professor Ben.amin 9raham, which Buffett described as +by far the best book about investin( ever written,3 6ecurity %nalysis (;<=> edition) by Ben.amin 9raham, and Common 6tocks and 5ncommon Profits by Phil 1isher& 6uncor 8ner(y (65), ?erisi(n (?#62), 844on "obil (@/"), 56 Bancorp (56B), 0he Bank of 2ew Aork "ellon Corporation (BB) and :a?ita, Inc (:?%)& Its portfolio is heavy on those industries that offer companies to (enerate both top and bottom line (rowth, but is well diversified, mainly focused on financial (=>&;C), consumer (oods (DD&EC), technolo(y (;F&GC) and services (G&HC) companies& Its bi((est investments include some of the most popular blue chips known to ,all 6treet& ereIs a look at BerkshireIs top ei(ht stocks& Stock Wells Fargo & Com an! Coca"Cola Com an! #nternationa l $usiness Shares Held =FH,;H;,FDH =>>,>>>,>>> FE,;D;,<E= Percent of Portfolio D>&G< ;<&DJ ;H&G; Rank ; D H Dividend Yield D&J<C D&G;C D&>=C The Annual Dividend K;&D> K;&;D KH&E

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,hale,isdom&com 0hese top picks are safe for investors and offer healthy returns& Below, I discuss BuffetIs top two picks7the two I like the most for dividend investors& 0hese are Coca Cola (B/) Company and Procter L 9amble (P9)& I stron(ly believe that these two stocks have the ability to sustain returns for investors& Ho+ Coca"Cola is a Safe #nvestment Coca7Cola is (eneratin( stron( results within the confines of a challen(in( macroeconomic environment driven mainly by risin( volatility across emer(in( markets& 0he company is (rowin( its (lobal volume and continues to e4pand worldwide value share in total nonalcoholic, ready to drink bevera(es due to the stren(th of its portfolio, the diversity of its (lobal footprint and focus on marketplace e4ecution& 0o(ether with its (lobal bottlin( partners, it is investin( in its brands and capabilities to stren(then its system and to drive sustainable (rowth and value& ,ith this strate(y, Coca7Cola has been showin( si(nificant returns to investors in the form of dividends, buyback and price appreciation& 0he company has consistently increased its dividend over the past few decades& %t the moment, its payout ratio of JFC is not only sustainable, but also offers room for future increases& 1urther, its stron( top and bottom line enables it to (enerate si(nificant cash flows and its very hi(h price to cash flow ratio of ;G&= demonstrates a similar trend& In the 00", its operatin( cash flows are standin( at K;>&J billion, and free cash flows are at KE&= billon& 0he companyIs dividend payments are only at K=&G billion, and are completely protected by free cash flows& ,ith such a massive amount of free cash flows, Coca7Cola is also workin( to reduce share count, which is a further enhancin( dividend payment& Ho+ Procter & (am)le is a Safe #nvestment