Teamwork

[Decca]

I agree that this is a great idea--makes sense to me, it takes a long time to investigate a company thoroughly and can become overwhelming for those of us that also have to work to pay the bills. So count me in!.

[haddad2970]

Wow... already we have 11 people interested in doing this in just the first day! I know that TOGETHER we can work the numbers and discuss strategies to find 2-5 companies that are TRULY Rule 1 companies!

I have sent an email/private message to everyone who has shown interest in participating in the group. Please check that as soon as possible and get back to me so that you can receive an official invite to the Team page on Google Groups (this group is not a public group, only people receiving an invite can join)

I wil be checking this thread, as well, and sending out further emails and invitations to those who show interest.

[cbenson]

Count me in too haddad.

[ldangelo]

Folks - I would be interested as well and love to help.

Maverick, can you share your morningstar information?

[Clayce32]

That sounds great would love to be in the group and help as well

[Maverick]

Originally Posted by Babui

Maverick - does Morninstar have a stock screen for searching for companies trading at a discount to fair value? Say a screen that allows you to search for companies trading at 50% to Fair Value.......

It sure does. But these are Morningstar fair values and not Rule 1 values. Although some of them match fairly closely.

[Markem]

This sounds like a great idea, and I would also like to contribute to the group.

[joseph]

Originally Posted by haddad2970

After reading Town's R#1 three times now, I know that there were only 3 ways to REALLY utilize his Buffet-esque methods:

1) Kidnap Buffett, remove his brain, and transplant it into my own head (or)
2) Spend every waking hour of the day, plus 4 sleeping hours, on my computer looking up stock information and analyzing their MOS and quality (or)
3) Identify and develop a TEAM of like-minded people who are ready to do their share to make this system truly work

Chances are that you're a little like me - a busy life, a family, responsibilities, and not enough time to scour the web looking for great Rule #1 companies.


***This forum, I believe, is the best place to find a core group of 10-20 people who truly are committed to working as a team to FIND, EVALUATE, and DISCUSS companies that are truly potential RULE #1 companies.***

While some might say that this entire forum is full of these people, I'm not really buying it. I've been seeing too many people buying into speculative stocks... tossing around the idea of buying companies that are only crapshoots... nowhere close to true Rule 1 companies. According to the throngs of people posting, there seem to be 50-100 companies that are Rule 1 companies - which is NOT the case.

If you're interested, reply in this post and we can take the matter further. No freeloaders... no bystanders... no loitering. Just the collective work and analysis of 10-20 committed individuals to find 2-5 REAL Rule 1 companies by the end of August.

This makes good sense. I would like to do my part too. I believe the ROIC community has been very helpful (and I've learned a lot from the participants), but it would be nice to be a part of a more focused effort to utilize the Rule #1 philosophy. Please let me know how I can help.

[jcase4]

This sounds like a great idea and I'd like to contribute and participate.

[investor999]

Count me in! :-) I think this is a great idea, and with group effort were sure to do well!