Warren Buffett

MLM Due Diligence 102 – Looking Deep Inside An MLM Company…

by Wayne Wu on June 30, 2010

in Choosing an MLM Company

In part 1 of MLM Due Diligence, we set the criteria for assessing a company from the outside. If a company fails on any of those tests, it’s best to leave it and move on. Now we really get into the meat and potatoes…

First of all, why is it so important to pick a good company to build with?

Simple. The reason why Warren Buffett is so wealthy is because he is very, very careful with his investment decisions.

Only when he is absolutely confident that a company will continue to grow and be profitable long into the future, will he put his money into it.

I heard that of the thousands of potential investments he studies every year, he is happy to make just ONE good investment decision. That’s just amazing! [click to continue…]

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The Warren Buffett Way to Choosing a Network Marketing Company

by Wayne Wu on November 25, 2009

in Choosing an MLM Company

Warren BuffettLately, I’ve been reading The Warren Buffett Way by Robert G. Hagstrom. Hagstrom writes about the fascinatingly simple principles that have guided Warren Buffett’s decision making in investing over that past 60 years that have allowed him to accumulate such immense wealth.

Warren Buffett’s formula for investing fundamentally has not changed since his first fund was established over 50 years ago. Buffett never gets distracted by fads or promises of explosive returns. So called experts have often criticised him for his stubborness and his “old fashioned-ness” and yet he’s always had the last laugh when their bubbles burst. [click to continue…]

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