Warren Buffett had success written all over him at a young <br />age, but his investment strategy began to take shape <br />only after he met the value investor Benjamin Graham. Buffett <br />initially embraced Graham’s strict value investing strategy by <br />looking at companies in a quantitative manner and trying to buy <br />companies for the equivalent of 50 cents on the dollar. Buffett’s <br />contribution to the concept of value investing was to find highquality <br />companies selling at a discount and to let the moat <br />around these companies protect his investment, enabling him to <br />hold them for his favorite holding period—forever.
