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Three Important Caveats: 1) These “rules of thumb” are only...

Three Important Caveats:
1) These “rules of thumb” are only useful when a company is fully optimized for profits (phase 4).
Many of them don’t work at all when a company is in phases 1, 2, 3, or 5
Three Important Caveats:  1) These “rules of thumb” are only useful when a company is fully optimized for profits (phase 4).  Many of them don’t work at all whe...
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    Buffett and Berkshire Hathaway latest Quotes and News.
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