1. Warren Buffett, who is called as the "Oracle of Omaha", by virteu of his being the most successful purchaser of businesses of all time has always recommeded following characteristics for a business or stock which makes the same worthy in front of his eyes to take a buy decisiont.
2. The 3 characteristics for a business or stock which makes it worthy of investent is as enumerated below:
(a) He wants that put your money in that business which one understands and is simple.
(b) Look for the business which have a consistent operating history.
(c) Look for the businesses which will be in business for long time i.e. observe its long term prospects.
3. Thus as a rule if one buys stocks or businesses and rate these against above three points than their is very little for a person to go wrong while doing business or selecing a stock.
2. The 3 characteristics for a business or stock which makes it worthy of investent is as enumerated below:
(a) He wants that put your money in that business which one understands and is simple.
(b) Look for the business which have a consistent operating history.
(c) Look for the businesses which will be in business for long time i.e. observe its long term prospects.
3. Thus as a rule if one buys stocks or businesses and rate these against above three points than their is very little for a person to go wrong while doing business or selecing a stock.
