Buffetology Chap 3, Page 25, Para 1: Identifying the Sick /...

Buffetology Chap 3, Page 25, Para 1: Identifying the Sick / Commodity type Business - Warren identified the sick kind of business as a "commodity type business." The commodity type business is a company that sells a generic type of product or service in which price is the single most important motivating factor in the consumer's decision to buy.

*Airlines, Produces of raw foods, steel producers, gas and oil companies, the lumbar industry, paper manufacturers, automobile manufactuers. (of course if you are then talking about a company that is out of IPO for 5 minutes, then there is considerably more risk that you do your dough - which just happened to bfc holders)

- So, i guess because i actually got over my own ego and spent the last several years reading books from people like this, rather than just sprooking shit off the internet, is why im making money, and you just did your arse on this stock.