Here is a quote from Warren Buffett at the bottom of the Stock Market in October 1974.

Forbes : “How do you feel?”
Warren Buffett : “Like an oversexed guy in a whorehouse. Now is the time to invest and get rich.”

The US stock market has dropped 35% from its peak last year and the consumer recession is about to start and will last well into 09. Now is the time to start making your shopping list of stocks and to come up with prices that you dream you could buy those stocks at. You may very well get the chance to buy the investment of your dreams at a once in a lifetime price.

In Part 1 of my shopping list I want to list 25 companies I admire and would like to have in my portfolio. In subsequent posts I will detail what I like about the company and what I think its Intrinsic value is and what my dream price would be. I already hold some of these stocks (in bold) but i would like to buy more at the right price.

  1. Berkshire Hathaway
  2. Leucadia National
  3. Brookfield Asset Management
  4. Markel
  5. Canadian Natural Resources
  6. Chesapeake energy
  7. General Electric
  8. Johnson and Johnson
  9. Pfizer
  10. American Express
  11. Coca Cola
  12. Conoco Phillips
  13. Proctor and Gamble
  14. US Bancorp
  15. Wells Fargo
  16. J. P. Morgan
  17. Goldman Sachs
  18. Sears Holdings
  19. Microsoft
  20. Fastenal
  21. CostCoI will edit this and add 4 more companies later