A Buffett fan considers the investment case for National Grid plc (LON:NG).
Many investors who focus on a low price-to-earnings ratio and high
dividend yield in their search for value will have a hard time
swallowing the maxim legendary investor Warren Buffett lives by: "It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price".Today, I'm considering whether FTSE 100 utility company National Grid (LSE: NG) (NYSE: NGG.US) is a wonderful company, and whether its shares are trading at a fair price.
During 2010, Buffett's BeRead More @ The Motleyfool
