Thanks to an intrepid reader for discovering the following article.
Now you might be asking, what does Warren Buffet have to with Games Workshop?
Well it turns out the investing website Motley Fool has an article up discussion the investing principles of Warren Buffet and how it relates to investing in GW. Here is a snippet from the article.
Warren Buffett has achieved a 20% annual rate of return for nearly 50 years by investing in quality companies sporting economic moats, pricing power and established brands.
At first glance, Warhammer manufacturer Games Workshop(LSE: GAW) seems to be the perfect Buffett-style share, so today I’m going to take a closer look at the business and see if the great man would ever consider rolling the dice on this table-top gaming company...
Buffett once said: “I try to buy stock in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will”
So what conclusion do you think this article is going to make when deciding to invest in GW?
Here is the link,
It is interesting to see an investor questioning the same decisions us hobbyists have noticed. This is TOO EARLY to really mean anything, but since Kevin Roundtree has been announced as CEO GW stock is already down 3%. As well, Motley Fool isn't the height of investing acumen, they are really like CNBC for the Internet.
Network News is rated: trending in the land of make believe importance of this blog