VituVingiSana wrote:Warren Buffett: Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years.
Graham, a British-born economist and former Columbia professor who died in 1976, is considered the creator of value investing. Warren Buffett said Graham's book, "The Intelligent Investor," "changed my life."
Graham focused on the importance of buying underpriced stocks. Buffett embraced that idea but took it a step further -- focusing on buying "wonderful companies at wonderful prices" and holding on to them rather than simply buying any company that appeared to be a bargain.
Oil marketers in Kenya/Africa are constantly battling Price controls, ERC, KPC, vulnerable currency, hopeless margins etc etc
What makes KK so wonderful??
didn't shell and chevron know what they were doing when they exited this business??
Mark 12:29
Deuteronomy 4:16