How Warren Buffett was influenced by Philip Fisher

If the job has been correctly done when a common stock is purchased, the time to sell it is – almost never
If the job has been correctly done when a common stock is purchased, the time to sell it is – almost never
Buffett analyzed companies more subjectively than Graham, and he found intrinsic value in companies, such as See’s Candies, that Graham would not have touched.
Something that knocks the pins out from our normal understanding of price earnings ratios, return on invested capital, discounted cash flow analysis, smart beta/factor ETFs, value at risk models (VAR) and even company financial statements
I’ve included a short list of some favorite earlier posts
Mathematical models that show price correlation will give precise answers but aren’t useful
But I am not building up a baseball bullpen of game-ready companies
Sunkenness – intangible investments tend to be worth less if they go wrong
It’s amazing that 2% makes such a big difference
Mortgages on income properties will permanently reset to a higher level
The prophets of doom have overlooked the all-important factor
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