5min chapter

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

TIP513: Warren Buffett's Money Mind

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

Warren Buffett's Value Investing Methods

Buffett learned how to identify businesses with above average economic potential and capable management from Phil Fisher himself. Hacksherm went on to discuss stage three of modern day value investing, which really boils down to companies with strong network effects. Network effects are the phenomenon in which a product or service increases in value for all users as more people use it. This is why Google holds 92% of the search market in 2022.

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