• Create BookmarkCreate Bookmark
  • Create Note or TagCreate Note or Tag
  • PrintPrint
Share this Page URL
Help

Chapter 2. Pipedreams and Big Lies > Red Flag 9: Technology Becomes Obsolete an...

Red Flag 9: Technology Becomes Obsolete and Companies Can Easily Burn Up

Warren Buffett and his associate at Berkshire Hathaway, Charlie Munger, have defined their limitations when it comes to technology companies. They want to invest in companies that are likely to be around in 10, 20, or 30 years time. The unforgiving winds that can easily turn last year’s technology star into next year’s junkyard piece mean that Buffett and Munger find the sector holds little appeal.


PREVIEW

                                                                          

Not a subscriber?

Start A Free Trial


  
  • Creative Edge
  • Create BookmarkCreate Bookmark
  • Create Note or TagCreate Note or Tag
  • PrintPrint