Buffett's business beliefs

Warren Buffet has some principles that he follows religiously throughout the years while looking at or even considering to look at a company. In the book 'The Warren Buffet Way', author Robert G. Hagstrom has summarised them as tenets of Warren Buffet. There are twelve tenets in total under different categories. In this four-part series, we will be looking at each category, starting with business tenets. Simple and understandable What does simple and understandable mean? Should you pick only easy companies? No. It means investors should thoroughly understand the company they are investing in. Nature of industry, business model, revenue sources, regulation

This article was originally published on July 08, 2022.