Personally, I have a much harder time determining fair prices
for wonderful businesses.
And so it's never more important than to look
for wonderful businesses trading for attractive valuations.
Personally, I have a much harder time determining fair prices
for wonderful businesses.
And so it's never more important than to look
for wonderful businesses trading for attractive valuations.
In 1997, Buffett responded to an email from a close friend, former Microsoft executive Jeff Raikes, that read, «Doesn't Microsoft meet all your tests
for a wonderful business.»
So
for this wonderful business, even paying 25 times earnings worked out to a stellar return for shareholders of around 13 % annually for 15 years even as the P / E multiple contracted from 25 all the way down to 10, which would be a very low multiple for a great business like this.
Not exact matches
For example, if everyone around you described your
business with the words «excellence, quality,
wonderful customer service, high integrity, great people, best products, speedy follow - up» and so on, would this be helpful to you?
This sounds
wonderful to most people, but in reality, we tend to get bored right about now and lose that loving feeling
for our
business.
For example, in a recent post on Pinterest she showed all the great and
wonderful ways
business owners can throw that perfect holiday party, even when just using stuff from your local Staples» Copy and Print Center.
A new, improved version of something everyone already likes can be a
wonderful idea
for a new
business, or so you'd think.
While the costs of doing
business must be a factor and accolades like
business friendly or «Best Run State» are
wonderful, the people and the quality of life are the principal reasons Wyoming is one of the best states
for business.
You find a
wonderful business that is destined
for tremendous growth and hold on
for dear life as you go along
for the ride.
The building is
wonderful but I just decided the restaurant
business wasn't
for me.
The growth of e-commerce presents a
wonderful opportunity
for businesses to reach a potentially limitless audience, but it can be tricky to stand...
For example, if you have a
wonderful idea but due to tough economic times customers do not want to spend money to buy your product, then your idea remains just that: an idea, not a
business.
-LSB-...] There's a
wonderful description of a startup by Steve Blank: «a startup is a temporary organization designed to search
for a repeatable and scalable
business mode... «-LSB-...]
Warren is famous
for this approach at Berkshire Hathaway, where he buys great
businesses run by
wonderful managers and then gets out of the way.
For extra encouragement, check out two of my favorite movies that feature sons who inherited
businesses from their father: Kinky Boots and It's a
Wonderful Life.
Social media is a
wonderful and valuable tool
for marketing, branding and promoting your
business, as well as monitoring your online reputation and customer service needs, but it can be time consuming.
«China is
wonderful for us in
business,» Gerry Grimstone, deputy chairman of the British bank Barclays, told Bloomberg television on the sidelines of the forum.
Warren Buffett credits Charlie Munger
for helping him see the benefits of buying
wonderful businesses at fair prices instead of fair
businesses at
wonderful prices.
Bill White, whom I have great respect
for, as I call him Mr. Lean or Clean because in 2006, he wrote that
wonderful paper
for BIS talking about the role of central banks and should they be in the
business of leaning into spectated bubbles or should they just wait and just clean.
But in rare cases, you can still find these
wonderful businesses trading on the stock exchange
for a reasonable price.
In the UK we think of hospitals as government
business, as exemplified by the
wonderful National Health Service that ensures each sick child is tucked into bed by an angelic nurse, as the opening ceremony
for the London Olympics had it.
«We take pride in being a family owned
business offering a
wonderful work environment, providing superior service
for our customers and growing the
business for our suppliers with excellent execution.»
Jules is sharing the story of her
business and her own celiac story so be prepared
for a long and
wonderful read (as well as an exclusive giveaway at the end of this post!)
«We feel blessed
for having had a
wonderful 26 - year journey with the
business, and look forward to next 26,» Kolaj says.
Wow, just discovered your
wonderful recipe, these are the
business, a very big thank you
for sharing your culinary skills with all.
Whole Food Real Families has created many opportunities
for me — it has challenged me as a
business person and cook and allowed me to create a
wonderful network of friends.
we could have rotated him with lecoq.they could have shared the duties it would have been
wonderful business for us.130 k a week is a good deal
for a player of his standards.
I say this not as disrespect to Wenger but disrespect to the board, they have allowed standards to drop
for the sake of profit, Wenger has done his job... It would have been
wonderful if Wenger could make the BIG profit and win the EPL, I do hope that the next manager (when - ever it may be) will have support so he can focus on the sporting side and let the businessmen worry about the
business.
On his way home from Ann Arbor, he talked in the car about baseball, about how much he wanted to bring a minor league team to Fort Wayne, about
business ventures he wants to get into and about how
wonderful it is to be free again and how a man can take
for granted all the small, surpassing pleasures in life until prison takes them away.
Potential is a
wonderful thing, but Sterling is doing more on the pitch than Chambo so maybe fans need to stop waiting
for our young players to be the next Messi and buy players we know are already doing the
business.
The rewards from working at Facebook can be huge... We're still finding that balance between being huggable and friendly, and being a viable
business — they don't need to be mutually exclusive and Facebook is
wonderful for learning where that line actually is.
It's been a
wonderful journey
for our family as we've watched the
business grow and change.
Such a
wonderful business for those of us that do not live near a place with lots of healthy organic options!!
And you can read all about my affinity
for that word in my guest post about packing a healthy kids lunch on Market Mommies — a
wonderful site that connects moms in
business with moms who need their services and products.
Overall, the biggest challenge
for me has been running an innovative, creative
business producing an important and
wonderful product, where we know our customers are out there, but it has been very difficult to reach them through conventional distribution channels.
I hope you will all join us in thanking Amy
for these
wonderful posts over the past 9 months and wish her the best of luck with her flourishing
business.
I am grateful
for the
wonderful Sponsors here on SouleMama
for the inspiration they provide in the way of ethical
businesses and people gently balancing work and family; I'm grateful
for their goods and wares and creative tools and inspiration that fill my home and outgoing gift baskets; and I'm grateful
for the way their financial commitment to this space allows me the time to continue this work of blogging that I love, all while creating more time of togetherness
for my family.
We are so thankful to this
wonderful business, not only
for partnering with BOND, but
for supporting what we stand
for.
Back in September when I first launched Twin Love Concierge I had the pleasure of being a NYC Twin expert «Guest Blogger»
for Women Making Moves — a
wonderful blog showcasing the diversity of outstanding women across communities,
businesses and careers.
Below is a
wonderful review we received from a recent customer in the Cincinnati OH area posted to the Better
Business Bureau site
for the excellent baby proofing service she received from our safety experts in Cincinnati:
Disana is a
wonderful family
business located in Germany, dedicated
for 2 generations to organic wools and cottons, long before «organic» became a «thing».
But they were quickly down - marketed:
Businesses discovered that babies are a
wonderful excuse
for consumption, and they helpfully padded the pages of baby books with advertisements
for all manner of things that that no baby should be without.
«The governor is happy to spend billions and all the other incentives he put through this year,» Tenney said, «But yet this
business has been around almost 200 years and is a
wonderful business with great benefits, great opportunities
for our community and has tradition here.»
«We were happy to be a part of this
wonderful event
for our 9th year,» said Urban Valet Cleaners»
Business Development Manager Kirk Lorkowski.
«While many will remember Bob Wilmers
for his unparalleled skill in
business, I will always remember him
for his
wonderful generosity and his love
for Buffalo and WNY,» said Buffalo Mayor Byron Brown in a statement.
«This site was an eyesore
for many years but thanks to the efforts of the community and officials, we are on the verge of developing a
wonderful, new
business center.»
I opened my intuitive
business in 2012 and I'm incredibly grateful
for every moment that I've had the opportunity to give readings and intuitive guidance to my
wonderful clients.