Simple guidelines from Warren Buffet to invest by Warren Buffett has always maintained a few simple strategies to investing that have seemed to work out pretty well for him.
Here are some of the things that Warren believes:
* the market is the best place to put your money over time
* buy when others are selling and vice versa
* be discplined which means don't overpay for things
* invest in management
* invest in "best of" companies that have a big moat
* invest in things you understand
* invest in cash flow so that your investments can pay you back
As time goes on, Warren has made a couple of changes to his investing philosphy:
* He used to be a "buy and hold forever" investor but that has changed as he trades more now
* He has become more of a cash horder which may be the result of being unable to find good things to invest in (it gets more difficult to obtain meaningful positions without moving the market when you are investing tens of billions of dollars) OR he just likes holding cash when interst rates are high so that he is in a position to take advantage when the markets turn sour.
What has any of the above got to do with ENB or more specifically ENS???
ENB ticks a lot of boxes for Buffett investment objectives and yet the market has turned its back on ENB for almost a decade in general and has gotten a bit nasty for the last two years. Why is that?
Geez, I'm tired and I have to get some sleep. I will try and get back to this later.