Monday, November 11, 2013

The Warren Buffett Way

Some commentary on CNBC by Robert Hagstrom, author of "The Warren Buffett Way," on Buffett's recent investments and whether the investment style is evolving over time. The investment thesis for IBM, in my opinion, is modest growth coupled with a heavy share repurchase program = an ever increasing ownership interest in a company with a shrinking share base and increasing dividends = above average returns for the investor.

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