Would Warren Buffett invest in your MLM Company?

Lately, I've been reading The Warren Buffettreturns. So called experts have often criticised
Way by Robert G. Hagstrom. Hagstrom writeshim for his stubborness and his "old
about the fascinatingly simple principles that havefashioned-ness" and yet he's always had the last
guided Warren Buffett's decision making inlaugh when their bubbles burst.
investing over that past 60 years that haveWhether he's buying stocks or buying entire
allowed him to accumulate such immense wealth.companies, he has the mindset that he is going to
Warren Buffett's formula for investingkeep that business forever. Therefore he looks at
fundamentally has not changed since his first fundthe business both quantitatively and qualitatively
was established over 50 years ago. Buffett neverto be certain that he's making the right decision.
gets distracted by fads or promises of explosive