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Friday, April 14, 2017

What are the Essential Requirements of an Investment?

Double barrelled gun and investor stating the two essential requirements of an an investment





















"My own preference is an investment in productive assets, whether businesses, farms, or real estate. Ideally, these assts should have the ability in inflationary times to deliver output that will retain its purchasing power value while requiring a minimum of new capital investments. Farms, real estate, and many businesses such as Coca-Cola, IBM, and our own See's Candy meet that double-barrelled test."
Warren Buffett


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