Warren has a history of buying stocks below their working capital per share, which often meant investing in companies that were not performing well.

Warren's investment strategy involved thorough research, as demonstrated when he bought American Express after the salad oil scandal, believing it was a minor setback.

The most useful idea Ben Graham had was to adopt the mindset of a long-term investor when buying into a business.

Warren and I both wanted to buy good companies at cheap prices, which became essential when we started acquiring entire companies.

Warren Buffett made a lot of money by buying thinly traded securities that were statistically cheap, allowing him to earn high returns on capital year after year.

Warren had a passion for competitive success from a young age, which, combined with his high IQ and energy, gave him a significant advantage in investing.

Warren Buffett's decision to invest in Berkshire Hathaway was influenced by an incident where the CEO tried to cheat him, which ultimately benefited his career.

Despite facing criticism, Warren Buffett's approach allowed him to make billions for many people, even those he didn't know, and he doesn't regret his choices.

We started with a collection of poorly performing businesses but managed to generate cash and eventually bought successful companies, transforming Berkshire into a massive conglomerate. Berkshire Hathaway's success stems from a lack of bureaucracy, allowing for quick decision-making and adaptability, unlike large organizations that struggle to change.