An example of what we will learn from this book:
Look for businesses with recurring revenues. Having repeat customers means that long-term capital expenditures can profitably return capital. Invest in manufacturers! For example, if we want to buy a can of Coca Cola, we wouldn’t care where we buy it from.
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Buffettology: The Previously Unexplained Techniques That Have Made Warren Buffett the World's Most Famous Investor
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2 comments:
Hi AK,
Two hands, two legs up. This is a very good book. I highly recommend it to everyone.
"Endorsed by LP. Price of book sets to double!"
- The Straights Times.
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