Buffettpedia is about value investing. It seeks to find out what value investing entails. It draws its inspiration from the investment philosophy of Warren Buffett, the legendary investor known as the Wizard of Omaha or the Oracle of Omaha or the Sage of Omaha. Warren Buffett is widely seen as a strong believer of value investing, a belief which the legendary investor steadfastly puts into practice at Berkshire Hathaway of which he is the chairman and chief executive officer. Reflecting the great success of his investment philosophy, Berkshire Hathaway’s 2013 Annual Report shows that “over the last 49 years (that is, since present management took over), book value has grown from US$19 to US$134,973, a rate of 19.7% compounded annually”. These are per-share book values. Berkshire Hathaway, headquartered in Omaha, describes itself as a holding company owning subsidiaries that engage in a number of diverse business activities including insurance and reinsurance, freight rail transportation, utilities and energy, finance, manufacturing, services and retailing.
This site will of course also seek the investment ideas of other legendary value investors, the best known of whom was Benjamin Graham (May 8, 1894 – September 21, 1976), the father of value investing and one of whose best-known disciples is Warren Buffett. One of Benjamin Graham’s famous books is Security Analysis, which he co-authored with David Dodd. Warren Buffett has described the Security Analysis book as a road map for investing that Warren Buffett has been following. His other famous book is The Intelligent Investor.
The site will also have book recommendations on value investing and valuing stocks.