Warren Buffett is widely known as one of the best value investors of all time. However, there is more that goes on in his thought process than just value. In his 2023 shareholder letter, he quoted Charlie Munger’s advice to him in 1965:“Warren, forget about ever buying another company like Berkshire. But now that you control Berkshire, add to it wonderful businesses purchased at fair prices and give up buying fair businesses at wonderful prices. In other words, abandon everything you learned from your hero, ...