I love the investor, Warren Buffett. Hate the politician, Warren Buffett, but love the investor.
I believe the Benjamin Graham based investment philosophy utilized by Buffett is excellent. An investment style worth emulating for individuals who invest in individual securities.
Identify solid companies in growing industries, with superior products or services, and run by first-rate management. Then invest for the longer term.
The results are evident both in the personal success of Warren Buffett and in his primary investment vehicle, Berkshire Hathaway.
But neither Benjamin Graham’s style nor Warren Buffet are infallible. Mistakes can be made. (more…)