Jeremy Phillips asks Austin Smith to outline Smith's "Warren Buffett Roadmap." Smith begins by saying that he'll only invest in companies for which the window of buying opportunity is short. This strategy forces him to buy companies that he'll be happy holding for the long run. These tend to be companies with pricing power. Above all, Smith says that brands matter. They allow companies to pass on price increases in good times and bad.
Source: Motley Fool
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Posted by D4L | Thursday, April 04, 2013 | ArticleLinks | 0 comments »________________________________________________________________
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