THE WARREN BUFFETT WAY
Business Tenets
1. Is the business simple and understandable?
2. Does the business have a consistent operating history?
3. Does the business have favorable long-term prospects?
Management Tenets
4. Is management rational?
5. Is management candid with its shareholders?
6. Does management resist the institutional imperative?
Financial Tenets
7. What is the return on equity?
8. What are the company’s “owner earnings”?
9. What are the profit margins?
10. Has the company created at least one dollar of market
value for every dollar retained?
Value Tenets
11. What is the value of the company?
12. Can it be purchased at a significant discount to its value?
In evaluating people, you look for three qualities: integrity,
intelligence, and energy. If you don’t have the first, the other
two will kill you............................WARREN BUFFETT, 1993
FURTHER TIPS/METHODS WILL BE GIVEN TOMORROW.......
LET US ALL ENJOY TODAY AND WAIT FOR BEAUTIFUL TOMORROW....
SATBIR SINGH
PRESIDENT
JAB WE MET CA
REDEFINING PROFESSIONALISM........
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