Interco Case
Executive Summary
If anyone on the street hears about Warren Buffett, they might have heard of that name as one of the wealthiest person in the world. But if that person is involved in the business world, that name would identify one of the most successful investor who ever lived. Although born and raised in the medium-sized town, he was taught to be an investor from a young boy. Influenced throughout his life from Benjamin Graham, Phil Fisher, and Charlie Munger, Buffett used most of what he learned throughout his life to manage his company and portfolio. His primary principle include
1) Analyze a stock as a business 2) Demand a margin of safety for each purchase 3) Manage a focus portfolio 4) Protect yourself from the speculative and emotional forces of the market.
In this, Buffett analyzes and picks stock based on twelve tenets. Many investors would call this “focus investing”. This focus investing doesn’t only benefit Buffett in finding opportunities, but the methods provided also help other investors in gaining wealth. For example, Buffett never considered technology and small cap stocks; others have found some businesses in which can be considered as focus investing. The essential Buffett will help investors to stay focus and be determined to beat the market just as same as Buffett and other focus investors have succeeded.
The Essential Buffett
Chapter 1 The Unreasonable Man
Warren Buffett, considered the most successful investor in the 20th century, was born and raised in Nebraska, United States to a father whom was a broker and congressman, Howard Buffett. Buffett started his investment partnership with the initial capital of $105,000 including $100 of his own money. Under studied and guidance of Benjamin Graham, Buffett became what investors know as value investor. He purchased an ailing textile company, Berkshire Hathaway (BRK-A), and turned it around, its price rose from $19 to $37,987. This book will be looking at how Buffett
If anyone on the street hears about Warren Buffett, they might have heard of that name as one of the wealthiest person in the world. But if that person is involved in the business world, that name would identify one of the most successful investor who ever lived. Although born and raised in the medium-sized town, he was taught to be an investor from a young boy. Influenced throughout his life from Benjamin Graham, Phil Fisher, and Charlie Munger, Buffett used most of what he learned throughout his life to manage his company and portfolio. His primary principle include
1) Analyze a stock as a business 2) Demand a margin of safety for each purchase 3) Manage a focus portfolio 4) Protect yourself from the speculative and emotional forces of the market.
In this, Buffett analyzes and picks stock based on twelve tenets. Many investors would call this “focus investing”. This focus investing doesn’t only benefit Buffett in finding opportunities, but the methods provided also help other investors in gaining wealth. For example, Buffett never considered technology and small cap stocks; others have found some businesses in which can be considered as focus investing. The essential Buffett will help investors to stay focus and be determined to beat the market just as same as Buffett and other focus investors have succeeded.
The Essential Buffett
Chapter 1 The Unreasonable Man
Warren Buffett, considered the most successful investor in the 20th century, was born and raised in Nebraska, United States to a father whom was a broker and congressman, Howard Buffett. Buffett started his investment partnership with the initial capital of $105,000 including $100 of his own money. Under studied and guidance of Benjamin Graham, Buffett became what investors know as value investor. He purchased an ailing textile company, Berkshire Hathaway (BRK-A), and turned it around, its price rose from $19 to $37,987. This book will be looking at how Buffett