Buffett and the “Generals” category

John Chew wrote an excellent article on old-style Buffett. The part that I found especially interesting, because it is one that will probably most likely be emulatable by small investors, is:

Many times Generals represent a form of "coattail riding" where we feel the dominating stockholder group has plans for the conversion of unprofitable or under-utilized assets to a better use

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About mcturra2000

Computer programmer living in Scotland.
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