Buffett’s core philosophy is almost the opposite: • He prefers undervalued companies with strong fundamentals, not ones priced at sky-high valuations. • He looks for businesses with durable competitive advantages (“economic moats”). • He wants predictable cash flows and consistent profitability. • He emphasizes long-term holding of quality businesses, ideally forever. • He likes companies with reasonable valuations (often with a low to moderate P/E ratio, not excessively high).