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Warren Buffett’s Real Investing Evolution Started With Graham but Did Not End There
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Warren Buffett’s Real Investing Evolution Started With Graham but Did Not End There
The lazy version of Warren Buffett’s evolution is that he started as a Benjamin Graham bargain hunter, met Charlie Munger, discovered wonderful businesses, and floated into Omaha sainthood on a river of Cherry Coke. It is a cute story. It is also a nice narrative with several major load-bearing walls missing. The conventional folklore treats his career like a spiritual awakening—as if he woke up one day, realized cheap stocks were dirty, and lev…
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