Investment Philosophy
Hot Questions for Investment Philosophy (293)
How Does Warren Buffett Assess the Intrinsic Value of Intangible Assets Like Brand Value?
As a leading figure in value investing, Warren Buffett has frequently discussed the valuation of intangible as...
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...
Warren Buffett's Views on Stock Repurchases
Warren Buffett has repeatedly emphasized in his shareholder letters that the wisdom of stock repurchases depends on the relationship between a company’s sto...
What is Float?
Float refers to the premiums collected by insurance companies from customers, which are held temporarily before being paid out as claims or expenses.
Selected Investment
Warren Buffett's investment in IBM (purchased approximately $10.7 billion worth of IBM stock in 2011, then gradually sold between 2017-2018).
# 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.
Analysis of the Relationship Between Buffett's Success and "Sweetheart Deals"
Validity of the Criticism
Yes, this criticism holds some validity.
Has Berkshire's Massive Size Become Its Greatest Obstacle to Achieving Excess Returns?
Yes, Berkshire Hathaway's enormous size has indeed become one of its greatest obstacles to achieving excess retur...
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 ...
The Biggest Blind Spot in Buffett's Investment Philosophy
Buffett's investment philosophy centers on value investing, emphasizing investments within his "circle of competence"—companies with simple, p...
This is a brilliant "thought experiment" because it forces a head-on collision between two radically different, yet immensely powerful philosophies of value.
The Acquisition Case That Best Represents Warren Buffett's Investment Philosophy
The case I have chosen is Berkshire Hathaway's acquisition of See's Candies in 1972.
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...
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 ...
What Did Buffett Learn About "Franchise" from the Case of Investing in The Washington Post?
Through his 1973 investment in The Washington Post, Warren Buffett deepened his understanding of the "franch...
Application of "The Chains of Habit Are Too Light to Be Felt Until They Are Too Heavy to Be Broken" to Bad Investment Habits
This phrase vividly depicts the formation of habits: initially as light cha...
How Does Buffett Define "Risk"?
Warren Buffett has elaborated on his investment philosophy multiple times in his shareholder letters, where his definition of "risk" significantly differs from traditio...
How "Time is the friend of the wonderful business, the enemy of the mediocre" Inspires Investor Patience
This quote from Warren Buffett captures a core principle of value investing.
How to Combat Confirmation Bias?
Confirmation bias is a common cognitive bias where people tend to prioritize information that supports their existing beliefs while ignoring or downplaying contradicto...
Analysis of the Sources of Warren Buffett's Emotional Control
The core of Warren Buffett's investment philosophy, "Be fearful when others are greedy and greedy when others are fearful," originated fro...