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Bo McGillacutty
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Comments by "Bo McGillacutty" (@Mrbfgray) on "Warren Buffett: Net, We're Buying Stocks Right Now | CNBC" video.
A tangent-- Berkshire minimum requirements for acquisitions: (I especially appreciate the last one) "Berkshire has laid out six criteria for acquiring a business. It must be a large purchase, at least $50 million of before-tax earnings. The company must have demonstrated consistent earning power and have businesses earning good returns on equity while employing little or no debt. It also must be a simple business -- Buffett noted that "if there's lots of technology, we won't understand it" -- and management must be in place. Lastly, there has to be an offering price. Berkshire said it will not engage in unfriendly takeovers."
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MNejc Fooled? What foolish comment.
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Skyler Drabing Net buying is JUST THAT. Naturally they are probably selling as well that's what they DO, they buy and sell stocks. That's their job genius!! It could be that they are ONLY BUYING based on that statement. YOU don't know! What about yourself?...buying or selling stocks or both?
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