Warren Buffett’s Business Categories
In Berkshire Hathaway’s 2007 letter, Warren Buffett groups businesses into 3 categories: The Great, the Good and the Gruesome.
This is something every investor should read.
  1. The Great
image
  1. The Goodimage

  1. The gruesome
image
Nathan Worden's avatar
Regarding the ‘Great’ businesses, I thought it was interesting that he didn’t require a huge growth rate. Long term competitive advantages in a stable industries were a higher priority.

That’s something most investors got away from in the last decade.

Author

Related