Sham Gad: Buffett on Bonds
Read the full article at: http://www.fool.com/investing/general/2007/10/15/buffet-on-bonds.aspx
Submitted by SilverSlime on Thu, 2007-10-18 08:21.
(via www.fool.com)
In his 1984 annual report, Buffett explained the businesslike approach to bond investing. Like purchasing marketable stocks based on quality of the business, soundness of management, and attractive valuation, he said, "We extend this business-valuation approach even to bond purchases."
