Warren Buffett: “My Job Is To Look At The Universe Of Things I Can Understand”

“My job,” Warren Buffett told students of Notre Dame in a series of lectures in spring 1991, “is to look at the universe of things I can understand.” Buffett was talking about his investment strategy and explaining how he goes about evaluating businesses. At the core of Buffett’s investment strategy is his desire to pay less for a business than it is worth. Determining how much a company is worth is not a precise science. It is more of an art. If you’re looking for value stocks, and exclusive access to value-focused hedge fund managers, check out ValueWalk’s exclusive value…