How Warren Buffett Picks a Stock (His 4 Filters)

Buffett has written down what he looks for in a business, in his own letters to Berkshire shareholders, since 1977. Four filters, in a fixed order. This video walks through what each one is actually asking, and what he says he does when a business fails one of them. The letters are free to read on Berkshire Hathaway's own website. Start with 1977. Credits: Warren Buffett photograph, US federal government work, public domain. Hand photo by Kelly Sikkema, Unsplash licence. Excerpts from the Berkshire Hathaway shareholder letters (1977) and the letters page of berkshirehathaway.com appear as on-screen citations; they are the copyright of Berkshire Hathaway Inc. Company names appear as hand-drawn labels only. No affiliation with, or endorsement by, any company shown. This video is for education only. It is not financial advice or a recommendation to buy or sell any security. Do your own research, or talk to a licensed adviser, before you invest. #investing #warrenbuffett #valueinvesting #stockmarket