Mr. Buffett also came up with this: We select such investments on a long-term basis, weighing the same factors as would be involved in the purchase of 100% of an operating business: (1) favorable long-term economic characteristics; (2) competent and honest management; (3) purchase price attractive when measured against the yardstick of value to a private owner; and (4) an industry with which we are familiar and whose long-term business characteristics we feel competent to judge.
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Another quote I quite like from Mr. Warren Buffett is: Keep all your eggs in one basket, but watch that basket closely. -
Another quote I quite like from Mr. Warren Buffett is: Diversification is a protection against ignorance. It makes very little sense ... -
Another sage word from Mr. Buffett is: Over the long term, the stock market news will be good. In the 20th century, the United States e...
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