The FOUR filters of Buffett:
1. You must understand the business of the company.
2. The business must have a durable competitive advantage.
3. The management must have talent and integrity.
4. The price must be reasonable with a margin of safety.
Some may focus just on Filter 4 and still make money in their investing.
However, by incorporating Filters 1, 2 & 3 into their investing, they are less likely to encounter losses.
Filters 1, 2 & 3 are there to prevent losses in your investing.![Thumbs Up :thumbsup:](https://lh3.googleusercontent.com/blogger_img_proxy/AEn0k_sliioWJCqHqI-qAQjV5aQAVzQ6BiaJYFdUaVwguJTfdsIk4peXnkHFHM7zNE0AnU5blSYToR9M2aEUDsqIC4Qd319ojM2cisM1KXPkc40uP5Dj5I6LLQkPgAmL0A=s0-d)
[Nothing new, I have been following these for umpteen years. My QMV method! ]
![Cash :cash:](https://lh3.googleusercontent.com/blogger_img_proxy/AEn0k_s-T6GwG0Ad8ERVLr7aJx6KpzcCRebR3TCzGXjkP3R4akQCxWz9ubDUESAjQfAsUn8PfgbwAmmmK4S5_vturbL2JqNIL3L_M4sO8lFuR85yW-qS00uVzS5W=s0-d)
1. You must understand the business of the company.
2. The business must have a durable competitive advantage.
3. The management must have talent and integrity.
4. The price must be reasonable with a margin of safety.
Some may focus just on Filter 4 and still make money in their investing.
However, by incorporating Filters 1, 2 & 3 into their investing, they are less likely to encounter losses.
Filters 1, 2 & 3 are there to prevent losses in your investing.
[Nothing new, I have been following these for umpteen years. My QMV method! ]