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Stocks B / Berkshire Hathaway


Subject:  Re: Is there one idea above the rest? Date:  11/17/2000  5:34 PM
Author:  odin99 Number:  38113 of 235268

I think that the fundamental driver of most business's assets profit potential is the structure/industry they operate in. Therefore, in light of Feyman's atom answer (whom I admire greatly) I propose:

Munger: paraphrase - Great businesses are those that offer up easy decisions time after time. Awful businesses cause nothing but pain. Therefore, only make high probability decisions.

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