Berkshire Buys -

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

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

: Be "fearful when others are greedy, and greedy when others are fearful". : Buy assets significantly below their intrinsic value

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