1995: Is Buffett's investing style still 15% Phil Fisher and 85% Ben Graham?

AUDIENCE MEMBER: Yes, Neil McMahon (PH), New York City, also a Sequoia shareholder.

Ben Graham investing encouraged turnover. Looking at Berkshire’s holdings, concentration and long-term, are you still a 15 percent Phil Fisher and 85 percent Graham?

WARREN BUFFETT: I don’t know what the percentage would be. I’m a hundred percent Ben Graham in those three points I mentioned earlier, and those really