Buffett’s Tenets (Continued):
7. Does the Company have less than 30% debt?
8. How much does the business have to spend on maintaining operations (check out operating ratios).
9. Can the Company adjust prices during inflation?
“Our favorite holding period is forever.” -- Warren Buffett
“The Margin of error is the cornerstone of our investment philosophy: Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good results.” - Warren Buffett.
“A great investment opportunity occurs when a marvelous business encounters a onetime huge but solvable problem.” - Warren Buffett.