Karr: Cigar-butt investing is profitable but difficult to scale
Adam Carr · Adam Karr: The Investing Blueprint · Nov 12, 2024 · at 4:34
Adam Karr discusses Warren Buffett's strategic evolution away from classic cigar-butt deep value investing as Berkshire Hathaway's asset base expanded.
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“And so if you're playing cigar butts which can be very profitable. But it's difficult to scale that. And so as his capital grew over time, you know, you have to think about how you show up and how you approach it.”
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