I have the following rules when deciding whether to sell a business I must sell a business when its price equals my estimate of its intrinsic value[1] I have this rule because once a business’s price equals my estimate of its intrinsic value there is no ‘margin of safety’ in owning it. How the business’s [...]
Archive for the ‘When to Sell’ Category
When I Will Sell A Business
Posted in When to Sell on April 16, 2010 | 3 Comments »
Categories
- Asset Allocation
- Competitive Advantage – 1
- Competitive Advantage – 2
- Competitive Advantage – 3
- Controlling emotions
- Customer Captivity
- Earnings Growth and Profitability
- Economies of Scale
- Falsifying scenario’s
- Group Decision Making
- Ignoring market moves
- My Circle of Competence
- My Discount Rate
- My Quantitative Valuation Model – 1
- My Quantitative Valuation Model – 2
- Normalising Earnings
- ROIC and Competitive Advantage
- ROIC versus ROE
- Talking to Management
- Technology and Competition
- The Basics – Part 1
- The Basics – Part 2
- The Basics – Part 3
- Valuing using scenarios
- When to Sell
- Will the business survive?
Archives
-
