A good attitude I take: what the blemishes, weaknesses of every great stock i want to own? If it's not somehow great I won't even look at it. Strangely even the final filter leaves me with stocks with warts! They all have them, even the best. The question is can you understand and contain the warts. It will help you to position size better. And if the warts are big enough it probably should not have made the great stocks filter. sometimes you need some time passing to realize it. Greendwald had it right. Capitalism eats up almost every business. Even manufacturing profits are getting slim. Software still has good margins. But if capitalism makes all companies have competition compete away their advantages you need to be very careful.
A good attitude I take: what the blemishes, weaknesses of every great stock i want to own? If it's not somehow great I won't even look at it. Strangely even the final filter leaves me with stocks with warts! They all have them, even the best. The question is can you understand and contain the warts. It will help you to position size better. And if the warts are big enough it probably should not have made the great stocks filter. sometimes you need some time passing to realize it. Greendwald had it right. Capitalism eats up almost every business. Even manufacturing profits are getting slim. Software still has good margins. But if capitalism makes all companies have competition compete away their advantages you need to be very careful.