Buffett’s 3 Categories of the Return on Invested Capital Formula

Updated 5/1/2024 “Leaving the question of price aside, the best business to own is one that can employ large amounts of incremental capital over an extended period at very high rates of return.” Warren Buffett, 1992 Berkshire Hathaway Shareholder Letter Return on Invested Capital is a metric I have been thinking about lately. The list […]