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GOBankingRates
GOBankingRates
Vance Cariaga

Warren Buffett’s 2013 Stock-Buying Test Is More Relevant Than Ever in 2026

SMG/SMG via ZUMA Wire / Shutterstock

Warren Buffett has shared a lot of stock market wisdom over the years that investors continue to take to heart. Among his most important tips were included in a 2013 letter to shareholders of Berkshire Hathaway.

In the letter, he mentioned a stock-buying test that he and Charlie Munger adopted. Here’s the short version:

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