'He has been one of the clearest thinkers in the history of business.'
His strategy of acquiring cheap assets and selling at high valuations may not have impressed shareholders, but after the mega deal with Vodafone peers are quick to compare him with the Oracle of Omaha.
Berkshire has owned P&G stock since P&G bought Gillette Co in 2005. Buffett had invested in Gillette since 1989.
Berkshire Hathaway annual meetings are most awaited.
We believe there are certain behavioral stumbling blocks that explain why there are very few value investors despite all the media coverage the discipline receives.
Here are the events that shaped the newspaper.
Investing in special situations can help you tap opportunities that arise during adverse conditions, advises Joydeep Sen.
Reserve Bank of India Governor Raghuram Rajan took charge of India's central bank when the rupee seemed to be in a tailspin while the country was facing runaway inflation.
"Nobody should be buying a stock at a rate higher than its intrinsic (actual) value, because then you are looking at the greater fool theory to come into play -- that someone would buy it again from you enabling you to make a profit." Excerpt of his views on value investing.
"Nobody should be buying a stock at a rate higher than its intrinsic (actual) value, because then you are looking at the greater fool theory to come into play -- that someone would buy it again from you enabling you to make a profit." Excerpt of his views on value investing.
They researched their companies well, didn't believe in the market chatter and advise to stay invested for long term.
'By entering at an early age, they stand a better chance of developing into skilled investors.'
Fairfax Financial Holdings made three investments in a month
Be a fox by temperament and a hedgehog by conviction, Gaurav Dalmia tells Bhupesh Bhandari. Then, he explains why.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
