Warren Buffett

Why are Berkshire Hathaway Energy (BHE) and BNSF Railway (BNSF) hailed as the "Twin Engines" of Berkshire Hathaway? Berkshire Hathaway refers to Berkshire Hathaway Energy (BHE) and BNSF Railway (BNSF)...

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.

Warren Buffett's "Reading and Thinking": Insights for Modern Professionals As a legendary figure in the investment world, Warren Buffett summarizes his daily work as "reading and thinking.

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...

Is IQ or Rationality the Most Important Quality in Life? When discussing the most crucial qualities in life, we often pit intelligence quotient (IQ) against rationality.

Why Is It Advised for Ordinary Investors Not to Check Market Conditions Frequently? Frequent monitoring of market conditions may negatively impact the decision-making of ordinary investors, particular...

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...

As a CEO of a Berkshire Hathaway subsidiary, what kind of call from Warren Buffett do I fear most? Within Berkshire Hathaway's culture, Warren Buffett grants subsidiary CEOs significant autonomy.

Buffett's Most Critical Consideration in Selecting a Successor According to Buffett's statements in his shareholder letters, the most crucial factor in selecting a successor for Berkshire Hathaway is ...

How Does Buffett Define "Shareholder-Friendly" Management? Warren Buffett, in his shareholder letters, defines "shareholder-friendly" management as executives who run the company as if it were their o...

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.

Berkshire Hathaway's Decentralized Model: Secret Sauce or Potential Weakness? Berkshire Hathaway is renowned for its highly decentralized management model, with a headquarters staffed by only a few do...

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 ...

Warren Buffett's Three-Word Definition of a "Wonderful Business" Economic Moat: A sustainable competitive advantage that protects the business from rivals.

Evolution of Warren Buffett's Circle of Competence The concept of Warren Buffett’s "Circle of Competence" stems from the core of his investment philosophy: investing only in areas he thoroughly unders...

Changes in Charlie Munger's Views on AI Hey there! I'm a long-time follower of Munger and Buffett's investment philosophy, and I love reading their shareholder letters and meeting transcripts.