Comments on: Stocks Buffett Would Stay Away From http://www.investingintelligently.com/2006/03/30/stocks-buffett-would-stay-away-from/ Not just another (Canadian) financial blog Sat, 16 Oct 2010 15:22:19 -0700 http://wordpress.org/?v= hourly 1 By: tinman http://www.investingintelligently.com/2006/03/30/stocks-buffett-would-stay-away-from/comment-page-1/#comment-279 tinman Tue, 18 Apr 2006 18:14:44 +0000 http://www.investingintelligently.com/2006/03/24/stocks-buffett-would-stay-away-from/#comment-279 Buffet should add another rule: avoid businesses in crummy businesses. Even a well-managed company can get slammed if they're in the wrong line of business with inherent overhangs of lawsuits or secular disadvantages. Airlines, tobacco, and asbestos come quickly to mind. Buffet should add another rule: avoid businesses in crummy businesses.

Even a well-managed company can get slammed if they’re in the wrong line of business with inherent overhangs of lawsuits or secular disadvantages. Airlines, tobacco, and asbestos come quickly to mind.

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