A good company is a well-managed one, period. That’s really all you need to know. Examples of well-managed companies are legion. Berkshire Hathaway is among the best. JPMorgan Chase is another. Apple is one just about every person can name.

But what is it that makes a company great — and brings home the bacon for investors? Frankly, it’s tough to quantify. If you’ve been investing for a while, you kind of just know it when you see it.

There’s a story that Warren Buffett received a one-page analysis that he got from Ben Graham, the father of the Value School and....More>>>