Reported 6 months ago
Warren Buffett, CEO of Berkshire Hathaway, has a straightforward approach, claiming he can decide on an investment in five minutes based on clarity and simplicity. Alongside Charlie Munger, he emphasizes understanding a business's intrinsic value before its price, avoiding complex industries. Buffett's strategy of quick, informed decisions within his expertise has been key to his success, although he advises average investors focus on index funds and seek financial advice tailored to their needs.
Source: YAHOO