Saved Papers

Save papers so you can find them more easily!

Join Now

Get instant access to over 100,000 papers.

Join Now!

3m

12 Basic Immutable Tenets


As we all know Warren Buffett may be the most successful investor in the world. Some people try to dismiss Buffetts' prowess of picking successful securities on the basis of a certain degree of luck or inside information that the regular small investor could never hope to have. However what many people do not understand is that, according to Robert G. Hagstrom, Buffett does not invest in stocks but in companies and their underlying businesses. and instead of luck Buffett uses his twelve immutable tenets. These twelve tenets are broken into four sections of the companies: 1) Business, 2) Management 3) Financial and 4) Market. By analyzing 3Ms' annual report, its financial statements, and by examining all aspects of the company and its' industry we can come to a conclusion of whether or not 3M would make an attractive investment to Buffett.
The first group of Buffetts' tenets is the Business tenets. The business tenets are broken into three areas of......


View the rest of this paper...

Approximate Word Count: 1572
Approximate Pages: 7 (250 words per double-spaced page)

Why should you join Frat Files?

  • - It's safe, secure, and private.
  • - Instant access to over 100,000 papers. New papers are added hourly.
  • - Fast and reliable customer support.

Credit Card

PayPal

Bank Account

Similar Essays

  1. 3m And Norton

    3m And Norton 3M and Norton Evolutionary vs. Classical Strategic Management A Case Study from Jim Collins & Jerry Porras, Built to Last, 1997 Questions for Discussion (1) 3M's

  2. 3m In The New Millennium

    3M in the New Millennium INTRODUCTION Founded in 1902, the Minnesota Mining & Manufacturing Corporation (3M) when five businessmen agreed to mine a mineral deposit for

  3. 3m's New Information

    3M's New Information Intro The business environment is very competitive. Consequently, companies need to offer customers efficient and reliable service. If they do not, customers

  4. 3m's New Information System Research Paper

    3M's New Information System Research Paper 3M's New Information System Research Paper Intro The business environment is very competitive. Consequently, companies need to offer

  5. 3m

    3m How to Foster Breakthrough Innovation 3M Way Innovation at its Core 3M's innovation culture comes from the times when the five entrepreneurs who created a company to explore a