Every Business owned by EDII is real, with the majority of them having been in business for over 20 years. EDII is a holding co., which has diversified into five different industry's, and are presently aquiring companys that fit into their industry's. Cinema Research has developed a consumer monopoly with their addition of HDTV tech. Intile Designs is one of the largest importer and exporter of tiles, and plans are in the works to make Intile not one of, but the largest in their fields. Pitts and Spitts, another Consumer monopoly co., with being #1 in their area of business.
What Daniel Dror is doing, reminds me a lot of what another holding co. has done in the past that proved very profitable to that company, that company is called Berkshire Hathaway, which is run by a guy named Warren Buffett.
Before janice gets all worked up, I am not saying that EDII is on the same level as Berkshire Hathaway, I am saying the investment strategy is almost identical, and it worked for Mr. Buffett, I say it will work for Mr. Dror.
I will later post all the similarities between the two, and let everyone else make up their mind, but I will say that EDII has more in common with Berkshire than it does with the companys janice was posting about ...Kem M
P.S. if anyone out there has access to any of Buffett's books, i suggest u read it, and see how his philosophy seems to be at work at EDII |