The Second Edition of Robert Hagstrom's provides an updated look at the investment philosophy of the "Oracle of Omaha". This edition includes Buffett's acquisitions and accomplishments over the ten years following the first edition, particularly his approaches to fixed income and technology. Core Investment Tenets

The book distills Buffett's philosophy into grouped into four primary categories:

: Prioritize companies with honest, competent, and rational leaders who act in the best interests of shareholders.

: Determine the intrinsic value of a business by discounting future cash flows and only purchasing when there is a significant margin of safety between the price and that value. Key Principles of the "Buffett Way" The Warren Buffett Way - IDBI Capital