- The Value Investing for Main Street Model Portfolio has owned IBM at a discount since 2009.
- In 2011, we were about to leave the stock after the company started missing revenue targets.
- Then Warren Buffett stopped by with his infamous 64 million share purchase.
- Despite its oft-publicized issues, we now view IBM as a classic “buy low, hold high, sell when you die” investment.
Welcome to the sixth installment of the Value Investing for Main Street series, exclusively on Seeking Alpha.