PLS v. THE BIG BOYS, page-47

I like Buffett's investing principles. IMO, PLS ticks all the boxes below so I don't regard holding PLS as a large % of my portfolio, as a risk, currently. If the BOD started making errors or the valuation reached extremely overvalued regions, I would consider taking profit as I pay 0% tax on CG within my pension phase holdings. I would then wait for a fair/undervalued SP and repurchase if the stock still ticked the boxes below.

KEY TAKEAWAYS

• In picking stocks, Warren Buffett looks for companies that have provided a good return on equity over many years, particularly when compared to rival companies in the same industry.
• Buffett also reviews a company's profit margins to ensure they are healthy and growing.
• Buffett prefers companies that have a unique product or service that gives them a competitive advantage.
• As a value investor, he seeks out stocks that are undervalued relative to the company's intrinsic worth.