Ray White interviewed Financial Advisor (and Berkshire Hathaway correspondent) Warren Ingram on The Money Show for the weekly personal finance feature.

Ingram discussed Warren Buffett’s investment philosophy:

* Determine if the asset offers good value.

* Ignore fluctuating stock markets.

* Buy as if you are never going to sell.

* Understand the business you are buying.

* Buy businesses that have some kind of “moat” (e.g. a competitive advantage that allows them to price higher or resist competition)