Focus Flashcards
1
Q
Buffett’s 4 filters for assessing a pitch
A
do you understand the business?
does the business have a durable competitive advantage?
does the business have trustworthy management?
does the price make sense?
2
Q
advantages of low v. high price positions
A
seriously what, i have no notes for this
3
Q
skimming strategy
A
price is higher than competitors’/status quo price
4
Q
penetration strategy
A
price is lower than competitors’/status quo price
5
Q
3 types of data in market research
A
primary
secondary
transaction (ex. computerized receipts of retail stores’ transactions)
