Member-only story
Analyzing Three Of Warren Buffett’s “Stupid Simple Investments” — And How You Can Find Similar Opportunities
Warren Buffett, often credited as “The World’s Greatest Investor,” attributes much of his success to buying simple, high-quality businesses.
I try to invest in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will.
— Warren Buffett
This article analyzes three of Buffett’s “Simple Investments,” examining what they are, why they’re valuable, and how you can find similar opportunities. Read on if you’re looking to buy and hold incredible companies for long-term success.
1. Shaw Industries
Buffett has a history of dealing with textile plants (Berkshire Hathaway originally made cotton goods), and this experience may have attracted him to Shaw Industries.
Shaw is the world’s largest carpet manufacturer, producing flooring for homes and commercial properties. While this is a business that’s easy to understand, it isn’t simple. There’s a lot of logistics and complex machinery involved with the industry.