What I'm not doing though is buying at a P / E of 20 and expecting the stock to one day trade at a P / E of 40 — even though, I know, there may come a time where Mr. Market gets overexcited with this kind
of wonderful business and really does give it a P / E of 40.
If I have 100 shares
of a wonderful business, why would I want to slowly sell off shares?
Its consistency — especially in regard to comps — is a hallmark
of a wonderful business.
What I am interested in is acquiring as much ownership as I can in a broad collection
of wonderful businesses; firms that reward me, my husband, and our family with our share of the sales and profits from the underlying productive enterprise.
Strong profitability, a balance sheet that isn't overly leveraged (the interest coverage ratio is near 10), and a collection
of wonderful businesses make this what is, in my view, an excellent long - term investment candidate.
Not exact matches
Being part
of a well - known brand is a
wonderful opportunity to avoid the unpredictability
of the market and take advantage
of the know - how
of an already developed
business.
Searles says he kept a framed version
of the Berkshire CEO's famous quote — «I try to buy stock in
businesses that are so
wonderful that an idiot can run them.
They do a show twice a month; each one provides
wonderful insight to the world
of small
business.
«Many immigrants start
businesses — whether it's high - tech companies like Elon Musk or Main Street
businesses — so they're
wonderful sources
of entrepreneurship.»
«My gift to this
wonderful institution pales in comparison with the gift that Yale gave me — the fundamental understanding that leadership requires an expansive worldview and a deep appreciation
of the many points
of intersection between
business and society,» the class
of ’80 graduate said in a statement.
I saw a
wonderful example
of this principle on Monday when five teams
of my «Foundations
of Entrepreneurial Management» students at Babson College tried to convince their skeptical classmates to buy from their
businesses.
A new, improved version
of something everyone already likes can be a
wonderful idea for a new
business, or so you'd think.
One
of the best things about a franchise is that there are so many
wonderful business owners across the country that you can learn from and share ideas.
«As with many great American institutions, i.e., General Motors, American Airlines, and many others who have utilized the strategic
business tool called bankruptcy, Gary Busey's filing is the final chapter in a process that began a few years ago
of jettisoning the litter
of past unfortunate choices, associations, events and circumstances that visited themselves upon this great American icon, to enable the start
of a new and clear path to peace, happiness and success with his career and his
wonderful new soulmate, Steffanie, and their son, Luke.»
Instead
of looking to work more or grow his
business, Ellis says he's aiming to «hang out with my
wonderful kids before they reach an age when they're off all the time doing their own thing.
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.
The growth
of e-commerce presents a
wonderful opportunity for
businesses to reach a potentially limitless audience, but it can be tricky to stand...
Author or contributing author
of dozens
of scholarly and practitioner articles, books and programs, Richard's work has been described by various faculty at Harvard, Yale, London
Business School and elsewhere as «great & much needed,» «
wonderful and pragmatic,» «thorough» and «nothing short
of remarkable,» as well as by Fortune 500, NYSE, FTSE and other company leaders as «leading edge,» «ground - breaking,» «valuable guidance,» «indispensable,» «compelling» and «exceptional.»
-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.
«A lot
of great fortunes in the world have been made by owning a single
wonderful business.
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.
By contrast, when Mrs Neverland was there, some teenager from Funding Circle or similar was overhead telling them that they had «a
wonderful business» and would have «no trouble» raising a planned six figure sum to throw down the hungry toilet
of their
business
I feel that dividend growth investors have an advantage in the area
of identifying
wonderful businesses - we know that cash is king.
«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.
But savvy entrepreneurs know that a
wonderful business idea does not translate to a
wonderful business opportunity; so I know I still have a lot
of work to do.
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.
After about fifteen minutes
of heroic tales
of «brilliant»
business ideas failing in a
wonderful fashion, I finally got to the point.
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.
The conference presented many
business and personal opportunities, but best
of all, I met the
wonderful ladies who introduced me to the region
of Abruzzo.
Thank God you didn't go out
of business; your product is a
wonderful combination to taste, crunch, and above all a healthy food product.
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 also moved all CHOC Chick production and fulfilment to a new outsourced warehouse in Thornton Cleveley's near Blackpool and despite the stress
of moving everything up North, it's
wonderful to be part
of such a thriving
business and manufacturing community both in Brighton - Hove and the North West
of England.
The group covered a wide swath
of the food industry: from Dow Agro Sciences and the Soybean, Mushroom, and Peanut Boards; doctors from the Cleveland Clinic and professors from Harvard
Business School; to representatives from Butterball, Dunkin Donuts, Chobani Yogurt,
Wonderful Brands (the company behind POM), and McDonald's corporate dietician.
Now CEO
of recently formed Premium Beverage in London, David cut his teeth at the sharp end
of the
business importing, distributing and kick - starting the fledgling premium & craft beer market with the launches
of Hoegaarden, Leffe and lots
of other weird &
wonderful beers.
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.
«Working with the various farmers, many
of which are personal friends
of mine, is a
wonderful way to benefit Kauai's environment and island
businesses,» said Machado.
Commenting on the awards, Iain Weir, Marketing Director from Ian Macleod Distillers, said: «We are thrilled to be able to celebrate the
wonderful successes
of the
business.
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.
The youngster was picked up from York City's first - team and put into the under 18's to help his development and it was a
wonderful piece
of business by the club.
That will be a limited time, and limited run selection
of handpicked, handmade goods - things that are favorites in our own homes, from some very
wonderful small
businesses and artisans.
Digital music is
wonderful,
of course... and how most
of our music is heard (this boy spends every minute
of his computer time bouncing around our ITunes Library - checking stuff out, and making playlists like nobody's
business - who knew that you could seamlessly go from Cat Stevens to Red Hot Chili Peppers to Natalie MacMaster to Dan Zanes?
This has been a hard year, with one
of our major suppliers going out
of business but, we are happy to have found some
wonderful new things to replace them.
Such a
wonderful business for those
of us that do not live near a place with lots
of healthy organic options!!
We have 3
wonderful children, a successful
business, which the two older children now run, built our own house and generally just did the best we could, but when it came to the two
of us...?
Green Mountain Diapers is a small husband and wife run
business with the addition
of 4 employees to help out, making them a
wonderful team
of people helping to serve every families cloth diapering needs.
It definitely made me look at Laurel and her incredible group
of friends in a different light... Meanwhile, let me move on to regular
business; here's a
wonderful roundup
of things to do this week.
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.