Bullbear Buffett

Keep INVESTING Simple and Safe (KISS)***** Investment Philosophy, Strategy and various Valuation Methods***** Warren Buffett: Rule No. 1 - Never lose money. Rule No. 2 - Never forget Rule No. 1.

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Showing posts with label recovering capital employed. Show all posts
Showing posts with label recovering capital employed. Show all posts
Wednesday, 31 March 2010

Buffett (1978): Commodity type businesses must earn inadequate returns except under conditions of tight supply or real shortage

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In this write up, let us see what Warren Buffett has to say to his shareholders in the 1978 letter: " The textile industry illustrate...
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