> Warren Buffett Blog: What we look for in companies

Monday, March 27, 2017

What we look for in companies

We select such investments on a long-term basis, weighing the same factors as would be involved in the purchase of 100% of an operating business:

    (1) favorable long-term economic characteristics;
    (2) competent and honest management;
    (3) purchase price attractive when measured against the yardstick of value to a private owner; and
    (4) an industry with which we are familiar and whose long-term business characteristics we feel competent to judge.