No. of Recommendations: 3
I've recently been reviewing this area and wonder if a 11:1 or maybe a 12:1 ratio would have served me better as I would gotten nearly all of the ones that have gone on to do quite well over the years. I welcome hearing your thoughts about stretching Buffett's Margin of Safety ratio a bit higher.
Warren has said some to the effect of "I'm very happy for people who make lots of money their way, in businesses they understand, but we will stick with our methods and be happy with a reasonable return". I have often felt he was too shy about jumping on opportunities, but in the long run I can't complain.
