Buffett FAQA compendium of Q As with Warren Buffett. Sections. Investing Approach. Valuation. How to Think About Businesses. Alternatives to Common Stock. Accounting, Corporate Finance Investing. Foreign Investments. Harrison Ford was born on July 13, 1942 in Chicago, Illinois, to Dorothy Nidelman, a radio actress, and Christopher Ford born John William Ford. The Investment Industry. Industries. Specific Businesses. Berkshire. The Market. Management. Technology. Education. Personal. Advice. The Big Picture. Thanks and Credits Investing Approach. Have you ever bought a company where the numbers told you not to How much is quantitative and how much is qualitative What is it that really piques your interest in a stockWhat tells you that it could be interesting What is your investment processHome Popular. AllTime. How to Invest in Water Like Dr. Michael Burry from the Big Short Why Is Berkshire Hathaway Stock So Expensive Warren Buffetts and. Get breaking Finance news and the latest business articles from AOL. From stock market news to jobs and real estate, it can all be found here. With a net worth of more than 60 billion, Warren Buffett is truly a oneofakind billionaire. Now 86, the legendary investor still lives in a modest home in Omaha. The latest news articles from Billboard Magazine, including reviews, business, pop, hiphop, rock, dance, country and more. Human Interest Warren Buffetts Daughter Susie Opens Up About Her Billionaire Dad He Doesnt Care About Money By Ale Russian russianale. Billionaires best friends Bill Gates and Warren Buffett are once again the two richest people in the world. Spencer PlattGetty Images. AOL Radio is powered by humans Great radio is all about unexpected connectionsthe kind that an algorithm cant predict. Pick any station in any of the 30 genres. Investopedia is the worlds leading source of financial content on the web, ranging from market news to retirement strategies, investing education to insights from. Whats your acquisition criteria What has made you successful in this area where most others have failed Whats your acquisition strategy How do you get deals Deal flow What sources of investment ideas are available today Do you have any investing tips How do you build your investment knowledgeIs there an organizational model that allows you to deal with all the information Do you have advice for the individual investor to help them narrow the stock universe What advice would you give to new investors Advice for getting into investing Where is a good place for new investors to invest right now What advice would you give to non professional investors Are investors more or less knowledgeable today compared to ten years agoHow to approach index funds If you were today 2. Situations reminiscent of 1. Daehan Flour Mills, or b Situations reminiscent of 1. Moodys Corporation Whats your opinion of cigar butts vs quality businessesIf you were starting out again today, what would you do the same or differently First, would you say I could make you 5. Second, what else would you do differently Do you believe that well have significant mispricings again And if you were 2. Where Can I Find 5. Returns Could you describe the capital allocation process you follow How do you determine the charges for capital to your different managers What filters do you use when looking at companies How would you recommend an individual investor who follows the Graham and Dodd philosophy to allocate their capital todayWhat impacts have GrahamDodd and Phil Fisher had on your investment philosophy What percentage of your investment philosophy would you attribute to each of them Since Ben Graham isnt around anymore, what money managers do you respect today Is there a Ben Graham today If you were to teach an investment course, besides works by Ben Graham and Phil Fisher and your book on the instalment basis, what would be on the syllabus. Whats the temperament of successful investors Do you agree with Philip Fishers two reasons to sellWhat tells you when an investment has reached its full potential Could you explain more about the circle of competenceWhat two industries are the first you should learn when developing your circle of competence Is there a moral connection to who you invest in Who do you think will be one of the next greatest investors and are you partial to favoring someone with a similar investment style as yoursWhat do you think of discounted cash flow DCF models Could you explain your opportunity cost decisions of the past year What are your views on diversification Would you consider spinning off some companies to realize value Why would you hold stocks forever, if the fundamentals change permanentlyBuy and holdWhy do you think more people dont follow your advice Why do you think that despite making your methods publicly available, that relatively few people have been able to emulate your success What have been your best investments ever Could you give us your definition of stock market risk How much and how does risk factor into your investment decisions Would you invest in emerging markets What do you think of setting an asset allocationHow often do you review each position in your portfolio What are your expectations for future returns on stocks Do you expect the stock market premium to continue to be 6. You have espoused a constant ROE on the stock market of about 1. Do you think that such an expectation is reasonable if you factor into equity and ROE the effect of stock options granted to managements When option programs are present in a company, what do you think is a realistic way of valuing them on a cash basisDo you think investors expect too much Whats your investment hurdle rate Do you prefer public or private investments Investors eventually repeat their mistakes. How can you prevent this through fast growth or safety Why do large caps outperform small capsWhat is the definition of Value vs. Growth stocks From the partnership letters in 1. We have recently begun to implement a technique where we buy something at 1. Comps go to 1. 0x. O2tvseries Gossip Girl Season 3 here. Is this pair trading Importance of filtering out the noise What is the benefit of being an out of towner as opposed to being on Wall StreetThere is always mention that some of your success could be attributed to not buying in to the Wall Street mania bc you are in Omahawhat importance do you give to balance as it pertains to work and life and what do you do to maintain your appropriate balance There are a record number of value investors here this year. Are there fewer 1. Should I go to run a business instead of being a value fund manager Do you ever change your investing standardsHave there been instances in your career where you have been tempted to deviate from your strategy and if so, how did you handle that When did you know you were rich How important is conviction in investing How do you avoid misjudgementHow do you improve independent thinking What are the key traits needed to correct the crowd mentality Dont you have a lot of competition to buy great businesses For example, from private equity funds How do you learn who to trust and who not to trustWhats your philosophy on partnering with others We know that you are a big bridge player. Do you think that bridge correlates to investing Are there any traits or characteristics that might carry over from one to the other back to the top. Valuation. How do you think about value How do you calculate intrinsic value What do you believe to be the most important tools in determining intrinsic value  What rules or standards do you apply when using these toolsCould you comment on the matter of intrinsic value as it applies to some of the Inevitables When you estimate intrinsic value in capital intensive companies like Mc. Donalds and Walgreens where a very healthy and growing operating cash flow is largely offset by expenditures for new stores, restaurants, etc how do you estimate future free cash flow And at what rate do you discount those cash flows Is the skill of judging risk just as important as calculating intrinsic valueWhat valuation metrics do you use What do you think of the use of book values in making investment decisions If you cant talk with management, and cant read the annual report, and didnt know the price, but could only look at the financial statements, what metric would you look at How do you think about growth rates when you value businesses back to the top. How to Think About Businesses.