INVESTMENT PHILOSOPHY

Warren Buffets 10 secrets of investment success

1. Invest in an old economy company that's a leader in an industry you understand.
2. Invest in companies with consistent earnings.
3. Pay only a reasonable price even for an outstanding business.
4. Buy a lot of the company, and keep it.
5. Invest in businesses with experienced managers in place.
6. Leave talented managers alone to do their jobs and compliment them from a distance.
7. Buy companies from owners who care more about who's buying the business than how much they'll get for it.
8. Invest in companies whose managers are frugal and care about costs.
9. Don't force experienced managers to retire.
10. Above all else, know the character of the manager.

*Source: Financial Planning magazine, September 2004

Articles on Investment Philosophy

Why Good Business Can Be Cheap

Presentations on Investment Strategy

Investment Fundamentals
Why invest in shares
An Introduction to Managed Funds
Investor Psychology