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During the 2002 Berkshire shareholder conference one of the questions was about the process Buffett uses when he makes his quick buying decisions on investing in a business or stock.Q3 2020 hedge fund letters, conferences and moreBuffett is known for making investment decisions and buying businesses while talking to owners or analyzing the business for less than 90 minutes. The specific company the question was referring to is Albecca, a company that sells picture frames which Berkshire acquired in 2001. I have systematized the answers, here is the video with Buffett answering himself and you …
