Could Buying Pool Corp. Today Set You Up for Life?

All of Wall Street watches Berkshire Hathaway's (NYSE: BRK.A)(NYSE: BRK.B) stock portfolio. That's because they want to see what CEO Warren Buffett is getting up to. One of Berkshire's recent buys was Pool Corp. (NASDAQ: POOL), a specialty retailer. Should you follow Buffett's lead on this one if you are looking for a lifetime investment?Buffett doesn't really get into too many specifics about his investment approach. However, a top-level summary is that he likes to buy well-run businesses. He likes to buy these businesses when they are attractively priced. And he likes to hold his investments for years so he can benefit from the long-term growth of the business he's acquired.Image source: The Motley Fool.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool