Warren Buffett Business Factor(巴菲特投资要决)

The principles Warren Buffett uses to select stocks are not difficult to understand. They follow basic common sense.

1、Purchase companies where you can understand the business: the business model is simple and understandable

2、Purchase companies within your circle of competence

3、Purchase companies when your assessment of the companies current value is well below what you believe will be the future price of the company

4、Purchase companies when you are sure you have an adequate investing margin of safety

5、Purchase companies with the intent of never selling them .

6、Patience, not knowledge is one of the most important attributes of a successful investor .