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He is known for his aversion to debt from "summary" of Warren Buffett's Ground Rules by Jeremy Miller
Warren Buffett's well-known distaste for debt is a central tenet of his investment philosophy. This aversion to borrowing money is a fundamental principle that guides his decision-making process when it comes to evaluating investment opportunities. Buffett believes that taking on debt introduces unnecessary risk and can lead to financial distress in times of economic uncertainty. By avoiding debt, Buffett is able to focus on businesses that have strong fundamentals and are capable of generating consistent cash flows. This allows him to invest in companies that have a sustainable com...
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