If you're prepared to invest in a company, then you ought to be able to explain why in simple language that a fifth grader could understand, and quickly enough so the fifth grader won't get bored.
Joined: 06/Feb/2009
Location: India
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Posts: 1868
Posted: 15/Feb/2013 at 1:43pm
What is remarkable is that when he said that he has a file on Heinz with notings from 1980 onwards. So he has been tracking this company for so long to jump finally.
‘The market always does what it’s supposed to — BUT NEVER WHEN’.
Purchase of Heinz by Warren Buffet at a P/E of around 23 times proves that Investing is a Continuous Evolving Process.There are no fixed rules in this Game.
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