Warren Buffett has shared countless investing insights over the decades.
But one simple rule stands above the rest: buy wonderful ASX shares at fair prices.
It sounds straightforward. Yet most investors do the opposite. They chase cheap ASX shares, trade frequently, or panic during market pullbacks. Buffett’s edge hasn’t come from complexity. It has come from discipline.
Here’s how that rule could transform an ASX share portfolio.
Image source: Motley Fool Editorial
Focus on wonderful ASX shares, not cheap
Warren Buffett doesn’t look for the lowest price-to-earnings ratio in the market. He looks for sustainable competitive advantages.
On the ASX, that might include companies like ResMed Inc. (ASX: RMD), which operates in sleep disorder…
