Press "Enter" to skip to content

What is it that really piques your interest in a stock? What tells you that it could be interesting?

We’re so limited now because we can only go into very big companies. Charlie and I are probably familiar with every company in the United States–in a general way–that we can have the kind of position we would need to have [to make a difference in Berkshire Hathaway’s performance].

We look for the ones where we think we know what they’re going to look like in 10 years. If the price gets attractive and we know a little about the management, and we’re quite sure–within a range–what they’re going to look like in 10 years, we’re in our area. We buy them when the prices are right, like Coca-Cola was some years back.

Source: BRK Annual Meeting 1998
Time: 1998

Be First to Comment

Leave a Reply

Your email address will not be published. Required fields are marked *