Billionaire Warren Buffett's Latest Stock Buy Is Now on Sale for Less Than He Paid. Is It Still Worth It?

Billionaire Warren Buffett is a lifelong proponent of value investing, famously counseling in 1989 that "It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price." So when he adds a new company to his Berkshire Hathaway (NYSE: BRK.B) portfolio, you know he thinks it's a solid business that's worth the price he paid.Or, better yet, an even cheaper price.Right now, one of the latest batch of Berkshire stock buys is trading for less than Berskhire paid for it. But before you race out to buy shares of Pool Corp (NASDAQ: POOL), there are some things you should know. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool