: Prioritize companies with honest, competent, and rational leaders who act in the best interests of shareholders.
The Second Edition of Robert Hagstrom's provides an updated look at the investment philosophy of the "Oracle of Omaha". This edition includes Buffett's acquisitions and accomplishments over the ten years following the first edition, particularly his approaches to fixed income and technology. Core Investment Tenets The Warren Buffett Way (Second Edition)
The book distills Buffett's philosophy into grouped into four primary categories: : Prioritize companies with honest, competent, and rational
: Invest in simple, understandable, and predictable businesses that have a durable competitive advantage or "economic moat". : Prioritize companies with honest