
The Security Analysis Podcast Brett Gardner: Buffett's Early Investments
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Feb 5, 2025 Brett Gardner, author of "Buffett's Early Investments," dives into Warren Buffett's transformative years in the 50s and 60s, revealing the key strategies that led to extraordinary returns. He highlights Buffett's meticulous research, the significance of permanent capital, and the lessons learned from tough investments. Gardner shares the story behind Buffett's strategic move during the American Express scandal and his insightful Disney investment, showcasing Buffett's keen eye for value amid uncertainty.
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Brett's Investing Journey
- Brett Gardner's interest in investing began at 16 after reading "The Random Walk Down Wall Street".
- Discovering Warren Buffett's biography further ignited his passion for value investing.
Active, Not Passive Investing
- Buffett's early success wasn't solely from statistical bargains, but from actively pushing for change in undervalued companies.
- He combined deep research with an understanding of financials, not passively buying cheap stocks.
Buffett's Detective Work
- Buffett's "detective work" included visiting GEICO's office, Ohio barrel makers, and Disneyland.
- This extensive research aimed to gain unique business insights beyond the numbers.










