Wally Weitz is a hugely successful and yet relatively low profile money manager.
His performance over a very long period of time credibly places him among the world’s top performing investors.
Like his Omaha neighbor Warren Buffett, Weitz is a deep value investor. His fundamental investing criteria is the price of a security relative to its intrinsic value—the lower the price the better.
In the video below, Weitz speaks to Bloomberg about his biggest investment mistake.