3min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

TIP521: Warren Buffett's Shareholder Letters

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

Warren Buffett's Investment Philosophy

Warren Buffett says he isn't trying to maximize the price at which Burshour shares trade. He'd rather the stock trades roughly around its intrinsic value so shareholders reap rewards of the underlying business during that holding period. The goal is to attract long-term owners who have no timetable or price target for sales, but plan instead to stay with us indefinitely.

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