James Roberts
18 posts
Buffett likes to have an economic moat that deters competition for his holdings--and I would like to do the same.
The primary motivation for selling those particular stocks was that all had their earnings estimates reduced by some Wall Street analysts.
One way to reduce correlation with the S&P: find stocks with a history of lower volatility than the index.
Dollar General was purchased by a private equity group whose management input has helped produce excellent earnings.
I like investing in retailers because you can keep your finger on their pulse by visiting their stores.