What Would Warren Buffett's Mentor Think About Accenture?
In his seminal book The Intelligent Investor, Warren Buffett's mentor Benjamin Graham highlighted seven criteria for a defensive investor to use in stock selection:
The first five criteria speak to the quality of the company without reference to the stock. The last two speak to valuation -- that is, the price that the investor pays for an ownership stake in the company. Let's see how these criteria apply to Accenture (NYSE: ACN).
Source Fool.com
