which stock will Buffett buy if he has a small sum of money?
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insiderinvest Tue Jan 15, 2008 10:52 am    

which stock will Buffett buy if he has a small sum of money? 
Hi all,

Buffett once said if he has a small sum of money, he could make 50% per year. See what he says in the following interview. One question I had in mind is what he means by saying that "start with the A's"

1 He mean companys with name start with A
2 He mean companys with the best quality.

What do you guys think?

Adam Smith: If a younger Warren Buffett were coming into the investment field today, what areas would you tell him to point himself in?

Warren Buffett: Well, if he were doing – if he were coming in and working with small sums of capital I’d tell him to do exactly what I did 40-odd years ago, which is to learn about every company in the United States that has publicly traded securities and that bank of knowledge will do him or her terrific good over time.

Smith: But there’s 27,000 public companies.

Buffett: Well, start with the A’s.
shu_wd Tue Jan 15, 2008 12:08 pm    

 
I guess he just mean to start alphabetically with A and go through all to Z. Essentially study every 27000 of them if necessary.
insiderinvest Tue Jan 15, 2008 1:42 pm    

 
Wow, how can we do this? 27000 companies!
 
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