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Strategies & Market Trends : Fundamental Value Investing

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To: bruwin who wrote (3996)11/12/2014 3:50:12 PM
From: bruwin   of 4719
 
"If we take someone like Buffett's preferred ratio of CoS/Revenue to be >40%"

Spotted the above typo/incorrect comment in my post #3996.
That should have read ...

"If we take someone like Buffett's preferred ratio of (Revenue-CoS)/Revenue to be >40%"

This ratio represents Gross Profit and Buffett prefers to see it greater than 40%.

I noticed that the same typo exists in an old post of mine, viz. #1131, which has the title "BUFFETT'S COMPANY ANALYSIS TEMPLATE" in my board's header.

Because it will continue to bug me knowing that the typo is there, I'm going to replace it with a corrected version in the next post, #4000.
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