warren buffet

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Title: warren buffet

Essay Details:

Subject: Business

Author: Margaret S

Date: May 21, 2015

Level: University

Grade: A

Length: 2 / 388

Essay text:

Shortly after buying the stock, it fell to just over $27 per share. Warren although frighten of losing his money decided to keep his shares until they rebounded to $40. He promptly sold them - a mistake he would soon come to regret. Cities Service shot up to $200. This experience has taught warren buffet a lesson that he still uses to day when investing other stocks: patience is a virtue. Another aspect of warren buffett is to rely on his "gut" instinct. He doesn't believe in having long drawn out meetings if any at all. He doesn't Micro Manage his managers. He allows them to run the business in there best interest...

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