TL;DR： The essence of Buffett’s value investing is to buy high-quality businesses with competitive advantages at prices below their intrinsic value, and then hold them patiently for the long term. This article breaks down moat analysis, financial-metric screening, and valuation methods to help investors understand the thinking framework behind a U.S. stock investing strategy.

Short-term news and sentiment swings in the U.S. stock market make it hard for many investors to find direction. For decades, legendary investor Warren Buffett has invested with a clear U.S. stock investing strategy—value investing. At its core, value investing means identifying stocks the market has priced below a company’s true value, buying them at…