The Motley Fool Discussion Boards
Investment Analysis Clubs / The BMW Method
|Subject: Re: Debunking Stock Market Myths||Date: 8/26/2007 12:11 PM|
|Author: MadCapitalist||Number: 26552 of 42014|
First of a series...
Invest like an owner
The advice should be "Think like an owner" instead of "Invest like an owner."
Here is what the world's greatest investor (Warren Buffett, not BuildMWell) had to say:
“The art of investing in public companies successfully is little different from the art of successfully acquiring subsidiaries. In each case you simply want to acquire, at a sensible price, a business with excellent economics and able, honest management. Thereafter, you need only monitor whether these qualities are being preserved.”
1996 Letter to Berkshire Hathaway shareholders
Think about it.
|Copyright 1996-2017 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|