Berkshire - Buys

As outlined in Charlie Munger's 50th-anniversary essay , Berkshire follows strict rules when acquiring new businesses: Opinion | Warren Buffett: Buy American. I Am.

: Buy assets significantly below their intrinsic value to minimize risk. berkshire buys

: Focus only on industries you understand deeply and can explain plainly. As outlined in Charlie Munger's 50th-anniversary essay ,

: This is management’s most important job—deciding how to deploy earnings determines long-term shareholder value. Berkshire’s "Buying" Criteria berkshire buys