Warren Buffett’s investing philosophy has always sounded almost boring on the surface. The chairman of Berkshire Hathaway (BRK.B) (BRK.A) has never been one to chase flashy trends or the latest tech stocks. Instead, he’s always focused on simply buying good businesses run by great people at fair prices. This ensures, at the very least, a “good” result, rather than trying to find the next tech-trend homerun.
This philosophy was aptly summed up in a line of Buffett’s 1996 letter to Berkshire shareholders, saying, “I would rather be certain of a good result than hopeful of a great one.” Ultimately, that capacity for boredom turned Berkshire Hathaway into one of the greatest compounding machines in history.
