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_t5duwCxrQQjpmFKpWUVgkx2-jcnPQgRNVIr27RaEoYZjyYg2NOdrYDbKls_jk9KBh5RCDBjmt1_p0dCx2_fbHTWO_rD4Zllkq6j6-gUt6Qo5DEbCywovf0TJiFYg=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_ujphsrtSkwkvBY8TLidvA6Qo-JuG-pe95txbqbnDWtiPdtw0VODN_EswuY7-dp86A4iHbkANSuIZkvfzTiCVmDo4B1w7AcGE6zp71j2ktvp3Y-fnCnj768=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! ]