Business Services Industry

Morningstar Column.(Knight Ridder/Tribune Business News)

Knight Ridder/Tribune Business News, May, 2000 by Lutton, Laura Pavlenko

May 8-- STOCKS WARREN BUFFETT MIGHT LIKE: Last weekend in Omaha, Neb., thousands gathered at Berkshire Hathaway's (http://quote.morningstar.com/Switch.html?tickerBRK.B) annual meeting to pick the brain of chairman Warren Buffett. While Buffett did offer new views on a few stocks and industries, much of this legendary investor's strategy hasn't changed in decades. He has made his fortune buying unloved companies on the cheap and holding onto those stocks for the long run.

Before Buffett buys any stocks, he looks at how the company's current share price stacks up against the cash per share that the firm is expected to generate in the future. Determining a stock's present value based on its future free cash flow is somewhat subjective and a bit complicated, but...

Premium Content Partnership | HighBeam Research provides an in-depth online archive library of reference works. HighBeam Research
 

BNET TalkbackShare your ideas and expertise on this topic

Please add your comment:

  1. You are currently: a Guest |
  2.  

Basic HTML tags that work in comments are: bold (<b></b>), italic (<i></i>), underline (<u></u>), and hyperlink (<a href></a)

advertisement
advertisement
  • Click Here
  • Click Here
  • Click Here
advertisement