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Is Buffett De-Emphasizing Value?
Brian Krzanoff: Buffett is a master and he has so much to teach. But I have learned that there are actually many different mindsets you can take when it comes to valuation to invest successfully. On one side of the spectrum, think about pure value investors. The mindset is I don't care what I'm buying. As long as I'm buying the thing cheaply enough,. And then in the middle somewhere are some other investors like Peter Lynch and Monish Prabhay and Charlie Munger, et cetera.