Question: How do you determine what is the proper price to pay for the business? Buffett: It is a tough thing to decide but I don’t want to buy into any business I am not terribly sure of. So if I am terribly sure of it, it probably won’t offer incredible returns. Why should something […]
Tag: See’s Candies
Buffett: Consumer Products and Share of Mind
Question: Could you explain a little more about the mind of the consumer and the nature of the product? And explain how you actually apply these concepts to find the companies with the best potential? Buffett: When you get into consumer products, you’re really interested in thinking about what is in the mind of how […]