The number one idea is to...
The number one idea is to view a stock as an ownership of the business and to judge the staying quality of the business in terms of its competitive advantage. Look for more value in terms of discounted future cash-flow than you are paying for. Move only when you have an advantage.
Added on: November 9, 2009
Find something you like? Get a new inspiring quote every day!
Get the free Daily Quote by email:
You should follow me on twitter here.