Warren Buffett had success written all over him at a young br age, but his investment strategy began to take shape br only after he met the value investor Benjamin Graham. Buffett br initially embraced Graham’s strict value investing strategy by br looking at companies in a quantitative manner and trying to buy br companies for the equivalent of 50 cents on the dollar. Buffett’s br contribution to the concept of value investing was to find highquality br companies selling at a discount and to let the moat br around these companies protect his investment, enabling him to br hold them for his favorite holding period—forever.