Simple Test for Investing in a Stock

"But don't overlook the power of this simple test: If you can't understand how a dollar flows from the company's customers back to shareholders, something's amiss. Either the company's business model is too confusing or you need to do more digging before committing any of your money (to invest)"


-The Five Rules for Successful Stock Investing..by Pat Dorsey

Price and Value

"Price is what you pay, value is what you get" - Warren Buffet

Buffet Rules

1. Rule No.1: Never Lose Money. Rule No.2: Never forget Rule No.1

2.If The Business Does Well, the Stock Eventually Follows

3. It's Far Better to Buy a Wonderful Company at a Fair Price Than a Fair Company at a Wonderful Price

4. Our Favorite Holding Period Is Forever