IBM is a no brainer buy

Author's Avatar
Mar 05, 2015

If nothing changes, in 10 years, IBM (IBM, Financial) will have bought all its shares back, sending earnings per share to infinity. No top line growth is needed. No profit growth is needed.

Buffett basically explained all of this when he first bought it:

http://www.businessinsider.com/why-warren-buffett-hopes-shares-of-ibm-languish-and-underperform-for-the-next-5-years-2012-2