Here’s an unpopular opinion: Buffett makes the investing process sound too easy because it IS easy for him to memorize huge amounts of data & do mental math needed to make decisions. It is NOT simple for most of the rest of us. And if you think it is, you will make big mistakes
But you did say it was hard. Can you explain why? AFAIK, he does not do a cash flow model with exponential discounting, which could be considered hard.
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Because it IS hard. Investing is more than collecting data and running models. He has seventy years of judgment coupled with innate skills that the rest of us cannot hope to match. There’s a huge amount of information on Buffett that anyone can read to understand his process.
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Alice Schroeder did an excellent job getting inside Berkshire and observing what he does and how his mind works.
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