...before Mr Warren Buffett purchases any stock, he studies the underlying business' past performances...that is the reason why he said, "in the business world, the rearview mirror is always clearer than the windshield."...
...with regarding to Cardno's past performances, it consistently made profits (before abnormals) in the last 10 years...which means that it will make profits in the next ten years...imho...
Ann: Cardno Provides Market Update and FY16 Guidance, page-98
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