Phrases with «cigar butt»

The phrase "cigar butt" refers to a discarded or used-up cigar. It is often used metaphorically in investing to describe a company or investment that has little to no value left, but could still provide a small profit or benefit if picked up like a discarded cigar butt. Full definition

Sentences with «cigar butt»

  • And Buffett himself did a lot of cigar butt buying when he was in his early 20's. (basehitinvesting.com)
  • There are, in general, two flavors of value investing: buy cigar butts on the cheap (wretched companies whose stocks more than discount their misery) or buy great companies at good prices. (mutualfundobserver.com)
  • Graham likes to use the metaphor of finding a discarded cigar butt on the ground and picking it up for one last triumphant puff. (latticework.com)
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