Aguytrying wrote:Warren Buffet says that, the favourite holding period is forever. Are there companies on NSE that one can trust and devot their investment to for life? What are some of these companies and what makes them viable for life long investment.
Now you are thinking well. Here are the companies I would buy for my old age.
Jubilee- Aga Khan also never sells his controlling state and I trust his business acumen.
KenGen- We will forever need power. Running Dams is not easy matter for private compe.
KCB- Owns real estate assets which in the future can be used as collateral if not converted into prime office blocks.
KK- Well diversified around East and Southern Africa.
Eaagads- The land they sit on.
ScanGroup- A company that is usually on an acquisition spree becomes a monopoly. Add to the fact that it is going regional and etc. Adverts are here with us for a very long time.
Wisdom to detect when share prices hit rock bottom.
When interest on bonds keep going up, you know the bear run is on high street. When interest on bonds start leveling, the bear has met the bull and they have hit rock bottom. When the interest rates on bonds start coming down, the bull has overpowered the bear and you better be riding the bull.