The Free Retiree Show

S1 EP97: The Truth Behind Stock Picking & How to Invest like Warren Buffet with Larry Swedroe

December 29, 2021

MONEY MANAGEMENT EDITION

 

If you want to invest like Warren Buffett, you don't need to do anything extraordinary. In fact, many new investors are surprised at just how uncomplicated the Oracle of Omaha's investment style is. To sum it up in one sentence, Buffett invests in great businesses trading for less than their intrinsic values, and then he holds on to these investments for as long as they remain great businesses.

 

Prioritizing a margin of safety is a cornerstone of Buffett's investment philosophy. In simple terms, a margin of safety refers to characteristics of an investment that help to protect investors from losing money. Buffett doesn’t invest in low-quality companies. According to him, "It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.” As Buffett does, the best way to invest is to ignore the crowd entirely and focus on finding value on your own. 

 

These are just a few examples of Buffett’s strategy. According to Buckingham Group’s Chief Research Officer Larry Swedroe, people say Warren Buffett is the greatest investor of all time yet fails to follow his advice. 

 

Join us as CRO Larry Swedroe, who has written 19 books on investment strategies and had several articles published in journals, discusses how to invest like Warren Buffett, his advice to beginner investors surrounded by TikTok “investment gurus,” the importance of value investing, and more. With hosts, wealth manager Lee Michael Murphy and career advisor Sergio Patterson, tune in to this week’s episode of The Free Retiree Show.

 

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