TIP 003 : Warren Buffett's 4 Rules to Stock Investing (Investing Podcast)
We Study Billionaires - The Investor’s Podcast Network
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Buffet's Second Rule: You Must Have Long Term Prospects
presdon: You want a company that can deliver you a nice return year after year. So ifa y has long term prospect it is selling products that you can expect them to be selling in, like, 30 years from now. Presdon: A lot of people are trying to find the next microsot. They're trying to find that company that is emerging, that has a lot of growth. And so when stig is talking about the inner nat and things like that, like chewing gum, that's something that's going to be around for a long time.
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