For the latest Warren Buffett, go to WarrenBuffettNews.com - Buffett doesn't care whether something is large-cap, small-cap, micro-cap, or whatever. What is more important is whether it is a good business and whether he can understand it. On balance, large cap businesses have done much better recently than anyone would have ever dreamed of. This has led to much higher valuations. Whether this is a permanent development is another question. There has been enormous securitizations of debt in the real estate industry. It has been a bad idea to own real estate through a corporate structure because there is a double taxation problem. REITS have somewhat solved this problem, but it is still usually better to own the real estate yourself rather than to invest through a third party intermediary that is going to take a slice of the cake. There are a lot of silly valuations placed on real estate companies by people who don't understand the business whatsoever. They just don't understand how illiquid property like this really is, so you can't value it like you would a liquid stock. But Buffett and Munger understand real estate and would be open to opportunities that might present themselves.
Larry Berg , Senior Partner of Apollo said, "With a longstanding track record of investing behind leaders in education, Apollo is pleased to be acquiring a marquee business that has been a pioneer in educational innovation and excellence for over a ...
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Quartz movementSteel rotating bezelCase diameter: 36 mmPink dial, diver bezel; Swiss madeWater-resistant to 330 feet (100 M)
The simplicity of this Swiss Made ladies timepiece is complimented by all of the features it offers. This watch has a classic black leather strap that is offset by a feminine Austrian crystal bezel. With a pink mother of pearl dial and exquisite silver index markers, this watch evokes classic and contemporary style.
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List Price: $ 620.00
Price: $ 320.25
Keywords => Business / Investing
Follow => Rotary Women's ALB90033/C/07 Aquaspeed Sports Chronograph Bracelet Swiss-Made Watch
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"Meaning, what is it called technically in a business when it invests its money in some instrument other than re-investing in its own company?
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Linggo, Disyembre 9, 2012
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