How does Buffett find great investments?
He uses his 4 filters:
"Charlie and I look for companies that have a) a business we understand; b) favorable long-term economics; c) able and trustworthy management; and d) a sensible price tag."
Simple, but not easy rules to follow.
"Charlie and I look for companies that have a) a business we understand; b) favorable long-term economics; c) able and trustworthy management; and d) a sensible price tag."
Simple, but not easy rules to follow.
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Some famous words of Buffett. I hope it's useful to you. : )
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