‘In Berkshire Hathaway’s 2007 letter to shareholders, Warre...
‘In Berkshire Hathaway’s 2007 letter to shareholders,
Warren Buffett explains that the kind of companies he likes to invest in are ‘companies that have
Warren Buffett explains that the kind of companies he likes to invest in are ‘companies that have
a) a business we understand;
b) favourable long-term economics;
c) able and trustworthy management; and
d) a sensible price tag.
b) favourable long-term economics;
c) able and trustworthy management; and
d) a sensible price tag.
A truly great business must have an enduring “moat” that protects excellent returns on invested capital.’
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Some famous words of Buffett. I hope it's useful to you. : )
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areecep OP : ‘Successful equity investing largely hinges around answering two simple questions: Which stocks should I buy? and For how long should I hold the stocks I bought? These questions are simple but not easy to answer.’