as declared in
By ignoring all of the noise of the market, Warren is able to view investments objectively and unearth exceptional opportunities.
I believe that looking at stocks by using Warren Buffett’s precepts will uncover undervalued opportunities in this frothy market.
After the sell-off following the E. coli scare, and again recently, from the sell-off post-earnings, CMG is trading at a significant discount to its historical price to sales ratio.
I will first discuss Mr. Buffett’s investment precepts and then will conclude by offering three undervalued stocks.
To analogize investing to a casino, Warren Buffett is counting cards while they are playing the slots.
as mentioned in
What’s Behind Warren Buffett’s Stake in Apple?
It was actually Charlie Munger’s influence that pushed Warren Buffett to start investing in “great companies at good prices.”
While I never quite agreed with this investment thesis it definitely made me think about how Warren Buffett constantly evolves and pushes his boundaries.
Understanding why Berkshire Hathaway is now investing billions of dollars into Apple stock requires a deeper understanding of how Warren Buffett, Charlie Munger and Berkshire Hathaway have evolved over the decades.
So after having largely avoided capex-intensive businesses for the first three decades of running Berkshire Hathaway, Warren Buffett purchased a small regulated utility in the Midwest called Mid-American Energy.
Like Berkshire Hathaway, it has to deal with the problem of figuring out how to grow from such a massive base.
collected by :John Locas