The Buffett-Munger Bargain Newsletter October issue is ready for download. This months Buffett-Munger pick is an indomitable global powerhouse that has been enriching shareholders since it was founded in 1924. In recent years, the company has been spending three times more on growth than its closest competitors while maintaining excellent profitability. This unique franchise trades at six times sustainable owner earnings due to uncertainty regarding the effects of the European debt crisis.
“It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price… when buying companies or common stocks, we look for first-class businesses accompanied by first-class managements.”
- Warren Buffett (1989)
Can’t wait to know this stock’s name?
Get your copy of GuruFocus’s Buffett-Munger Bargain Newsletter now
What’s a Buffett-Munger Bargain?
A Buffett-Munger Bargain is a “wonderful company” selling at a “fair price”. To be a wonderful company a stock must pass Warren Buffett’s 7-point checklist:
1. Simple Business
2. Favorable Long-Term Prospects
3. Able and Honest Management
4. Consistent Earnings
5. Good Return on Equity
6. Little Debt
7. Very Attractive Price
What’s the Buffett-Munger Bargain Newsletter?
GuruFocus’s Buffett-Munger Bargain Newsletter picks one new “wonderful company” selling at a “fair price” every month. The pick is made using GuruFocus’s Buffett-Munger Screener and Warren Buffett’s 7-point checklist. A new issue goes out to subscribers on the third Friday of every month.
Get your copy of GuruFocus’s Buffett-Munger Bargain Newsletter now
All the monthly newsletters are included in GuruFocus Premium Membership. If you are not a Premium Member, we invite you for a 7-day Free Trial.
“It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price… when buying companies or common stocks, we look for first-class businesses accompanied by first-class managements.”
- Warren Buffett (1989)
Can’t wait to know this stock’s name?
Get your copy of GuruFocus’s Buffett-Munger Bargain Newsletter now
What’s a Buffett-Munger Bargain?
A Buffett-Munger Bargain is a “wonderful company” selling at a “fair price”. To be a wonderful company a stock must pass Warren Buffett’s 7-point checklist:
1. Simple Business
2. Favorable Long-Term Prospects
3. Able and Honest Management
4. Consistent Earnings
5. Good Return on Equity
6. Little Debt
7. Very Attractive Price
What’s the Buffett-Munger Bargain Newsletter?
GuruFocus’s Buffett-Munger Bargain Newsletter picks one new “wonderful company” selling at a “fair price” every month. The pick is made using GuruFocus’s Buffett-Munger Screener and Warren Buffett’s 7-point checklist. A new issue goes out to subscribers on the third Friday of every month.
Get your copy of GuruFocus’s Buffett-Munger Bargain Newsletter now
All the monthly newsletters are included in GuruFocus Premium Membership. If you are not a Premium Member, we invite you for a 7-day Free Trial.
