I’m at all times looking out for companies which have a powerful money producing skill and a powerful sufficient aggressive benefit that I could be certain they are going to be round for the following decade, and at a worth the place I could be as certain as doable that I can obtain no less than 15 p.c annualized returns, or else firms whose worth is deeply discounted from their asset base so long as its extremely marketable. Im not one to shrink back from takeover targets, supplied the goal nonetheless has a powerful enterprise that I’d be okay with proudly owning it even when the takeover didn’t undergo. Since I started investing by myself 3 years in the past I’ve achieved an annualized time weighted return of about 16 p.c, and plan to proceed to beat that hurdle as I be taught extra.
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