Hey everyone
Pepsi has been upgraded. Below is a link to one of the stories.
http://biz.yahoo.com/ap/070412/pepsico_ahead_of_the_bell.html?.v=1
I think the fact that Coke has been on a tear recently has helped the research analysis of Pepsi. This is a stock that you will want to buy. They have what Buffett looks for in a company. Now it might break out of the channel it is in. I hope I am able to buy more before it gets too expensive.
That thought brings to mind the idea of following your rules. Don't break the rules just to buy more Pepsi.
The Wikiwealth portfolio consists of the following:
Pepsi Stock(www.pepsi.com)
Sharebuilder Money Market (www.sharebuilder.com)
Optionsxpress Money Market (www.optionsxpress.com)
Have any ideas, questions, comments, web sites or different blogs to look at? Do you want to be notified when there is a new blog entry? Email at keanemd@gmail.com and let me know.
Showing posts with label Buffett. Show all posts
Showing posts with label Buffett. Show all posts
Thursday, April 12, 2007
Thursday, March 29, 2007
The Warren Buffet Way
Hey
I would like to put in my two cents on "The Warren Buffett Way. The book is simple, clear, and to the point. I fully believe that using this book's steps will make you very wealthy. It won't do it very fast. But if you have a period of 15 to 20 years, you will have enough to retire on.
This book is the basis for all my retirement investments. Period. If the company doesn't fit the Buffet profile, it is not in my retirement portfolio.
For instance the stock I own is Pepsi. Strange that I feel that the direct competitor of one of Buffett's largest investments (Coke) falls within his investing parameters.
The four rules are as follows:
- competetive edge (Is it a leader of its industry)
-solid management (This cannot be underemphasized)
- healthy financials (does it make money)
- price of investment (What is its current value)
If it is a leader of its industry, has solid honest management, makes money, and is at value or undervalued, then you buy.
If there is one book to buy, this is it!!!!!
Take care and happy investing
The Wikiwealth portfolio consists of the following:
Pepsi Stock(www.pepsi.com)
Sharebuilder Money Market (www.sharebuilder.com)
Have any ideas, questions, comments, web sites or different blogs to look at? Do you want to be notified when there is a new blog entry? Email at keanemd@gmail.com and let me know.
I would like to put in my two cents on "The Warren Buffett Way. The book is simple, clear, and to the point. I fully believe that using this book's steps will make you very wealthy. It won't do it very fast. But if you have a period of 15 to 20 years, you will have enough to retire on.
This book is the basis for all my retirement investments. Period. If the company doesn't fit the Buffet profile, it is not in my retirement portfolio.
For instance the stock I own is Pepsi. Strange that I feel that the direct competitor of one of Buffett's largest investments (Coke) falls within his investing parameters.
The four rules are as follows:
- competetive edge (Is it a leader of its industry)
-solid management (This cannot be underemphasized)
- healthy financials (does it make money)
- price of investment (What is its current value)
If it is a leader of its industry, has solid honest management, makes money, and is at value or undervalued, then you buy.
If there is one book to buy, this is it!!!!!
Take care and happy investing
The Wikiwealth portfolio consists of the following:
Pepsi Stock(www.pepsi.com)
Sharebuilder Money Market (www.sharebuilder.com)
Have any ideas, questions, comments, web sites or different blogs to look at? Do you want to be notified when there is a new blog entry? Email at keanemd@gmail.com and let me know.
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