SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 50% Gains Investing

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Steve Felix who wrote (117846)2/5/2014 10:59:13 AM
From: bruwinRead Replies (1) of 118717
 
" ... a young person would do much better ..... than reading Warren Buffet."

Well, I'm not sure what exactly you are referring to with ... "reading Warren Buffett".

Is that just about reading of Warren Buffett's place in the world of business or investing or ...?

That, in itself, would make interesting reading, but my reference to Warren Buffett is more in line with putting into practice what he recommends in terms of identifying companies to best invest in.

In that regard he targets specific items within a company's three financial statements and advocates setting specific targets to ratios that comprise those items. Once that's done it's a case of preferably having all, or most of them, simultaneously meeting or beating the percentage targets that he prefers to set.
It's very rarely the case that a company that simultaneously meets or beats all those criteria is one that is performing poorly as a business.

That, I would suggest, is a good place for young investors to start in their quest to find companies that are exhibiting sound financial fundamentals which, more often than not, go hand in hand with capital gain.

There are so many very useful business web sites where financial statement information is freely available, so there shouldn't be obstacles in the way of a young investor to put Buffett's strategies into effect and very likely benefit from them.

But there again .... to each his own ....
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext