Value investing: review of Warren Buffett's investment philosophy and practice

Abstract

This paper aims to: i. review and explore the investment philosophy of Warren Buffett and compare his investment philosophy with the theory of finance, and ii. analyze Warren Buffet's investment practices against his investment philosophy.

This article is prepared in four parts including part i. (introduction, objectives & Buffett's investment philosophy); part ii. (comparison of Buffett’s investment philosophy with the theory of finance) and part iii. (comparison of Buffett's investment practices against his investment philosophy) part iv. (conclusion & recommendation).

Key Words: Warrant Buffett, Value Investing, Theory of Finance, Investment Philosophy.