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Buffet'S Investment Philosophy
Essay specific features
Written by:
Rosa G
Date added:
February 8, 2015
Level:
University
Grade:
A
No of pages / words:
5 / 1324
Was viewed:
2115 times
Rating of current essay:
Essay content:
It consists of intellectual property, creativity, know-how and the network of production and distribution systems. The brands and trademarks of a business are the symbols of the economic reality – symbols that indicate the reputation of the company. The economic reality changes much more slowly than the accounting reality as it is dependent on the response of the markets to new products and services that the company has to offer or to any substantive changes - up or down - in corporate reputation...
displayed 300 characters
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The economic reality changes much more slowly than the accounting reality as it is dependent on the response of the markets to new products and services that the company has to offer or to any substantive changes - up or down - in corporate reputation.
2 The cost of the lost opportunity.
Analysis:
Here Buffett is building on the economic principle of the efficient use of scarce resources where the notion of opportunity cost plays a crucial part in ensuring that resources are being used efficiently...
displayed 300 characters
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