Nuts and Bolts; Mashed Potatoes and Gravy; Main Street or Bust: Warren Buffett’s Trading Style. By Gene W. Edwards. Posted 1/28/2025.

The Oracle of Omaha always plays it conservative. Warren Buffett’s personal fortune is $149,000,000,000, which is 149,000 million dollars, all made in the stock market. His company is Berkshire Hathaway (from 1965) and it has averaged a 20% gain per year for many decades compared to the stock market’s profitability-average of 10%.

“’Nuts and Bolts; Mashed Potatoes and Gravy; Main Street or Bust’”: “Whatever do you mean?” you puzzlingly ask.

He hardly buys tech companies and A.I., or electric-vehicle companies, doesn’t buy overpriced stocks bought by mass-greed hysteria, etc., but he does buy all kinds of companies. He only buys value, aims to buy low and not sell high but HOLD. “If you find a good company, buy its stock and hold it forever!” He tells you.

What is a good company? It’s as plain as the nose on your face. It’s as plain as Buffett’s Omaha and Nebraska. It’s not jazzy, or “in,” or over-promising. It’s probably not techie . . .

“What is it?”

It’s banking, credit card companies, pizza, Coca Cola, and . . . (see below). It’s stuff that people use over and over, goods and services. Repeat buyers, no matter what the economy: gas, food, soft drinks, internet marketing, XM radio, Apple (phones). No matter how bad or good the economy is, people have to repeat-buy certain goods…