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4 stock porfolio


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I don't know.  I am thinking great economics that the business can maintain for a long time and then just sit on my ass. 


Munger was quoted as saying.

If you live in a small town and if you own a good car dealership , McDonald franchise , best apartment building in town , highest quality office building in town. You are done!
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It shouldn't but it looks like it does. The only way to reach 50% annual is by limiting your holding time (otherwise you'll regress to the mean return) so people talking about stocks they would hold forever don't get what Buffet is saying. Also people proposing stocks without multi-bagger potential don't. I expect Buffet would focus on special situations.

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