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value investing

6 thinkers, books, and ideas connected to this field.

Institution

Berkshire Hathaway

American multinational conglomerate holding company headquartered in Omaha, Nebraska, controlled by Warren Buffett and Charlie Munger, owning businesses across insurance, utilities, manufacturing, retail, and equity stakes.

conglomerationvalue investinginsurancecapital allocation
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Institution

Himalaya Capital Management

Value investing firm founded by Li Lu in 1997 — which applies Buffett/Munger frameworks to Asian and global equities — and which counts Charlie Munger as its most significant outside investor.

value investingasiaconcentrated portfoliolong-term
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Thinker

Li Lu

Chinese-American investor who founded Himalaya Capital — a concentrated value investment fund — and who is Charlie Munger's most trusted investment peer, having been recommended by Munger as potentially the best investor in the world, and having introduced Munger to BYD.

investingvalue investingcapital allocationchina investing
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Institution

Nomad Investment Partnership

British investment partnership managed by Nick Sleep and Qais Zakaria from 2001 to 2014 — which produced outstanding returns by concentrating in Amazon, Costco, and Berkshire Hathaway for years — and whose annual letters are classics of investment philosophy.

investingvalue investinglong-term capital allocation
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Book

The Essays of Warren Buffett

Lawrence Cunningham's 1997 compilation of Warren Buffett's letters to Berkshire Hathaway shareholders — organized thematically rather than chronologically — presenting Buffett's investment philosophy in accessible form.

businessinvestingmanagementvalue investing
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Thinker

Warren Buffett

American investor and CEO of Berkshire Hathaway, widely regarded as the greatest capital allocator in history and the defining practitioner of value investing.

value investinginsurancecapital allocationcorporate governance
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