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Strategies & Market Trends : Buffettology -- Ignore unavailable to you. Want to Upgrade?


To: Michael Burry who wrote (2072)1/15/2000 9:00:00 AM
From: David  Read Replies (1) | Respond to of 4691
 
Gives me heart too.

Curious what makes this a Buffetology stock. Its a similar sort of dull company that has demonstrated good business results over the past five years.

biz.yahoo.com

wsrn.com

What business characteristics captured Buffet's attention here. Reminds me of the furniture store purchases, Borsheims, etc. CBZ I suppose is a finance company. Maybe its potential synergies with the other furniture companies owned by Berkshire is what Buffett and Munger see.

Just wondering if I could leave the members of this board with a challange: an after the fact review of CBZ to see what financial characteristics made this company a Buffett choice -- perhaps to help identify others.

Return on Equity, consistant and somewhat above normal, is not extraordinary.

Solid growth in income and revenue

This seems to be a very competative type of business with no strong barriers to entry here.

Management presumably is top noch (now there's a barrier to entry).