Monday, November 01, 2010

Recent purchases.

Bought Google, because it was cheap (p/e <30).
Bought Tesco, because Buffet bought it. Will exit if Buffett sells.

These decisions are not very well thought out, but I don't have the time to do much research anymore. In both cases I am really assuming another well regarded investor has done plenty of due diligence.

Both companies also do not look very risky to me .





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