Nice piece about Buffett in todays financial pages26 May 2019 16:12
Extract:
Jason Hollands, a director of wealth manager Tilney, is a Buffet aficionado. He says: ‘While there are a variety of tenets to Warren Buffett’s investment approach, it is best summed up as buying shares in a great company for less than the business is intrinsically worth - and where the management team has the highest integrity and ability. You then hold the shares - and hold some more’
How many boxes in that list does Bushy tick? I would suggest ‘All of them’ is the honest answer.
That’s why most of us budding Buffetts (LTHs) are using the same strategy as described above, and to great effect too.
So the way forward for any potential and existing investors is to buy while the shares are cheap ie now, and hold forever (dividends), or until your own targets are met.