In Berkshire Hathoway annual reports Warren Buffet highlights business tenants that he believes are important. Which of the following is not a business tenant of Warren Buffet?
A) Is the business unique and technologically advanced?
B) Does the business have a consistent operating history?
C) Does the business have favourable long-term prospects?
D) a and b above.
E) All of the above are business tenants of Warren Buffet.

Question

Quizplus · Accepted Answer

While Warren Buffet stresses the importance of consistency and long-term potential in a business, he does not specifically mention the requirement of being technologically advanced or unique. Therefore, option A is not a business tenant of Warren Buffet.

In Berkshire Hathoway Annual Reports Warren Buffet Highlights Business Tenants