the key is ability to determine the value and character to do it

来源: passers 于 2012-12-21 09:08:18 [] [博客] [旧帖] [给我悄悄话] 本文已被阅读： 0 次 (246 bytes)

It's simple but not easy. 

It's very hard to determine the value of a company, especially when the market goes against you. No one has the ability to value everything, thus, Buffett said: stay within your circle of competence.

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• Well said -_学无止境- ♂ 给 _学无止境 发送悄悄话 _学无止境 的博客首页 (0 bytes) () 12/21/2012 postreply 09:25:51

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