Warren Buffett - Avoid Bad Businesses

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We had a good read. For the benefit of yourself. Be sure to read to the end. I want you to get good knowledge from Federal Reserve Interest Rates . For the latest Warren Buffett, go to WarrenBuffettNews.com - When Buffett bought Berkshire Hathaway, it was a textile business that was doomed to fail. It had a great CEO, but it was just a bad business.He simply got into the wrong business at the time. He had a wonderful manager, but the economics just didn't work. The best thing to do is to simply avoid bad businesses. It is amazing that when a company relocates, they always end up settling where the CEO wants because a good golf course nearby. When thinking as an investor, you should sometimes keep the ego of the CEO in mind.

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