107 Profound Warren Buffett Quotes: Learn To Build Wealth - Sure Dividend Sure Dividend: Out of the 107 quotes in this article, 1 sums up Buffett’s investment philosophy succinctly. This quote is below:
“We select such investments on a long-term basis, weighing the same factors as would be involved in the purchase of 100% of an operating business:
(1) favorable long-term economic characteristics;
(2) competent and honest management;
(3) purchase price attractive when measured against the yardstick of value to a private owner; and
(4) an industry with which we are familiar and whose long-term business characteristics we feel competent to judge.”
That’s it. That’s the basic ‘secret formula’ to Warren Buffett’s $60 billion fortune.
There is much more detail to Warren Buffett’s investment philosophy than the quote above provides. The 106 remaining Warren Buffett quotes in this article paint a clearer picture of Buffett’s thinking.
“We select such investments on a long-term basis, weighing the same factors as would be involved in the purchase of 100% of an operating business:
(1) favorable long-term economic characteristics;
(2) competent and honest management;
(3) purchase price attractive when measured against the yardstick of value to a private owner; and
(4) an industry with which we are familiar and whose long-term business characteristics we feel competent to judge.”
That’s it. That’s the basic ‘secret formula’ to Warren Buffett’s $60 billion fortune.
There is much more detail to Warren Buffett’s investment philosophy than the quote above provides. The 106 remaining Warren Buffett quotes in this article paint a clearer picture of Buffett’s thinking.