Risk can be reduced greatly by concentrating on only a few holdings if it forces investors to be more careful and thorough in their research. Normally more than 75 percent of Berkshire’s common stock holdings are represented by only five different
Mario Guzmanje citiraoprije 6 godina
A philosophy should supply guidance but not rigidity
Mark Ongje citiraoprije 7 godina
company’s intrinsic value can be determined by estimating the future earnings of the company and multiplying those earnings by an appropriate capitalization factor.