Warren Buffett's Early Investment Strategies

This chapter explores Warren Buffett's initial investment strategies, focusing on 'net nets' and the value investing techniques he learned from Benjamin Graham. It examines his evolving approach to balancing investments in generational companies with special situations, highlighting the complexities of identifying genuine value in troubled investments.

Transcript

chevron_right

Play full episode

chevron_right

Transcript

Episode notes

Trey Lockerbie chats with Zack Oliva. Zack is an attorney by trade who runs his own 30 person law practice out of Houston. He’s also been a lifelong investor and has been running a partnership in the style of Buffett’s 1950’s partnerships and has been beating the market by a landslide. Trey loved getting to speak to Zack and to find someone operating within this partnership structure in modern times. It’s another great example of how net-nets, deep value, and equitable fee structures are alive and well. Without further A do, here is this week's interview with Zack Oliva.

IN THIS EPISODE, YOU'LL LEARN:

06:59 - The playbook Buffett was implementing back then and how that would look today.
22:43 - The structure of Buffett’s early partnerships.
37:30 - How to think about cloning someone's investment style versus developing your own.
44:48 - Resources for finding new investment ideas.
51:05 - The profile of an easy bet and how to find them.
57:25 - What an Anti-circle of competence looks like.
And a whole lot more!

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members.
Fit Finance Book.
ZacksNotes Website.
Value Line Website.
Trey Lockerbie Twitter.

NEW TO THE SHOW?

Check out our We Study Billionaires Starter Packs.
Browse through all our episodes (complete with transcripts) here.
Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.
Enjoy exclusive perks from our favorite Apps and Services.
Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.
Learn how to better start, manage, and grow your business with the best business podcasts.

SPONSORS

Support our free podcast by supporting our sponsors:

SimpleMining
Hardblock
AnchorWatch
Human Rights Foundation
Unchained
Vanta
Shopify
Onramp

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Learn more about your ad choices. Visit megaphone.fm/adchoices

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!

Get the app

Home Top podcasts Popular guests