valueandprices
Thoughts

warren buffett

“Leaving the question of price aside, the best business to own is one that over an extended period can employ large amounts of incremental capital at very high rates of return. The worst business to own is one that must, or will, do the opposite – that is, consistently employ ever-greater amounts of capital at very low rates of return.” 

                                     Warren Buffett, 1992 Chairman’s Letter

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