Warren Buffett Thinks This Is a Particularly "Fabulous" Kind of Business
When Warren Buffett speaks, savvy investors listen -- because he's often sharing valuable investing insights that can make us even savvier investors. It's not hard to find wisdom from Mr. Buffett, either, because he has been interviewed countless times, has penned a terrific annual letter to shareholders for decades, and has answered questions for hours at the annual meetings of his company, Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B). (For most of the 60 years for which he has helmed Berkshire, the late Charlie Munger was his business partner and fellow wisdom dispenser.)At the most recent annual meeting, in which Buffett announced plans to step down at the end of the year, he answered one question by revealing a kind of company he finds especially attractive.Image source: The Motley Fool.Continue reading
When Warren Buffett speaks, savvy investors listen -- because he's often sharing valuable investing insights that can make us even savvier investors. It's not hard to find wisdom from Mr. Buffett, either, because he has been interviewed countless times, has penned a terrific annual letter to shareholders for decades, and has answered questions for hours at the annual meetings of his company, Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B). (For most of the 60 years for which he has helmed Berkshire, the late Charlie Munger was his business partner and fellow wisdom dispenser.)
At the most recent annual meeting, in which Buffett announced plans to step down at the end of the year, he answered one question by revealing a kind of company he finds especially attractive.
Image source: The Motley Fool.
