In this clip, Warren Buffett explains his investing philosophy. He starts by looking at the company’s underlying businesses and then determining how much it is worst. The last thing that Buffett looks at is the current market price. That is interesting because price is often the first thing that most investors look at. Buffett’s story illustrates the importance of evaluating the fundamentals of a company by reading annual reports and financial statements.
Warren Buffett on How He Values Stocks
Nov 23 2010, 02:36
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