It is not Buffett's intention to first purchase a company and then seek major changes.
On the contrary, he avoids companies in need of major overhauls.
Furthermore, because he will only purchase companies that possess shareholder-oriented managers, the idea of confronting management to improve shareholder returns is unthinkable.
Keep INVESTING Simple and Safe (KISS) ****Investment Philosophy, Strategy and various Valuation Methods**** The same forces that bring risk into investing in the stock market also make possible the large gains many investors enjoy. It’s true that the fluctuations in the market make for losses as well as gains but if you have a proven strategy and stick with it over the long term you will be a winner!****Warren Buffett: Rule No. 1 - Never lose money. Rule No. 2 - Never forget Rule No. 1.
Friday, 19 October 2012
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