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Friday, April 5, 2024
巴菲特选股测试
伯克希尔的投资经理库
姆斯曾说,他周六常去巴菲特家交流,关于企业评估,他们经常会用这样一种测试:
1. 巴菲特会问未来
12
个月会有多少家公司到
15
倍
PE
?
2. 有多少家
5
年后赚得更多(置信区间
90%
)?
3. 有多少家会达到
7%
的复合增长率(置信区间
50%
)?
库姆斯说他们就是用这个方法找到了苹果公司,而当时测试时有
3-5
家公司会反复通过测试。
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