INVESTING

 After digging into Warren Buffett’s early years its time to see what was inherited and adopted by him in his investment style. In this section the focus will be on Buffett’s views on the market, thus his investing principles will be discussed as well as his criteria for a business worthwhile buying. References to and comparisons with EMT and MPT mentioned in the introduction will be made when talking about his personal believes and principles.

   VIEWS ON THE MARKET

"I'd be a bum on the street with a tin cup if the markets were always efficient."

In his views on the market Buffett is influenced greatly by his friend and teacher Graham, both directly challenging the EMT and the contemporary academic teachings and market views on Wall Street. Buffett uses the same attitude towards it dealing as if the market was a business partner from where the name Mr. Market stems. According to their view Mr. Market often suffers from incurable emotional problems.