Value Investing

Okay, let's discuss this question. Simply put, Graham does not emphasize macroeconomic analysis. In fact, it could be said that he held a rather cautious, even negative view towards it.

Sure, no problem. When talking about Graham's book, The Intelligent Investor, it's like the "Nine Yang Manual" of the investment world. Despite being several decades old, its core principles feel even...

Sure, no problem. This question actually touches on a core principle of value investing; let's break it down in plain language. Why did Benjamin Graham place such importance on company management? In...

Would you consider investing in these Japanese trading companies without the Buffett halo effect? Yes, I would consider investing in these Japanese trading companies (such as Mitsubishi Corporation, M...

Interpretation of Buffett's Investment Rationale as "Ridiculously Simple" Warren Buffett, a leading figure in value investing, has repeatedly emphasized that his investment philosophy is fundamentally...

Answer to the Question Priority Financial Statement When analyzing a company, Warren Buffett prioritizes reviewing the balance sheet. Reasoning Buffett’s Investment Philosophy: According to his share...

# To What Extent Was Buffett's Success Attributed to the "Golden Age" of Rapid U.S. Economic Growth? Buffett's investment career spans multiple economic cycles.

Is Buffett's "Mr. Market" Analogy Still Relevant in the Age of Algorithmic and AI-Driven Trading? 1. The Core Meaning of the "Mr. Market" Analogy In his shareholder letters, Buffett likened the stock ...

Why Did Buffett Sell All His Airline Stocks? Does This Violate His "Long-Term Holding" Investment Principle? Reasons for Selling Airline Stocks At the 2020 Berkshire Hathaway shareholders' meeting, Wa...

Answer Investing in American Express during the "salad oil scandal" perfectly illustrates Warren Buffett's investment principle: "Be fearful when others are greedy and greedy when others are fearful.

Was the investment in BYD Buffett's decision or Munger's decision? The investment in BYD was primarily Charlie Munger’s decision. In 2008, Munger conducted in-depth research on BYD and strongly recomm...

Buffett's Investment in Apple: Acknowledging Tech's Importance or Viewing it as a "Consumer Goods Company"? Background Warren Buffett, an icon of value investing, has long been renowned for investing ...

Why Did the Acquisition of See's Candies Have a Profound Impact on Buffett and Munger's Investment Philosophy? In 1972, Berkshire Hathaway acquired See's Candies for $25 million.

Why Does Warren Buffett Consider Market Prediction a "Fool's Game"? As a leading figure in value investing, Warren Buffett has repeatedly emphasized in his shareholder letters that attempting to predi...

How Does Buffett Maintain "Inaction" During Tech Bubbles or Market Manias? As a leading figure in value investing, Warren Buffett often chooses "inaction" during market bubbles (such as the late-1990s...

Why Does Berkshire Hathaway Insist on Not Paying Dividends? Berkshire Hathaway has maintained a no-dividend policy since Warren Buffett took control, rooted in core principles of value investing.

Does Warren Buffett Prioritize Historical Performance or Future Potential When Evaluating a Company? As a leading figure in value investing, Warren Buffett places greater emphasis on a company's futur...

Warren Buffett's Perspective on Estimating a Company's Intrinsic Value When estimating a company's intrinsic value, Warren Buffett prioritizes being "approximately right" over precision.

Why Does Warren Buffett Almost Never Invest in IPOs (Initial Public Offerings)? As a leading figure in value investing, Warren Buffett rarely participates in IPO investments due to his investment phil...

Warren Buffett's Views on Companies Growing Through Continuous Acquisitions Warren Buffett has repeatedly expressed caution and even criticism in his shareholder letters regarding companies that rely ...