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Excess Returns · Tuesday, July 28, 2026

Robert Hagstrom Revisits Warren Buffett's Portfolio Approach 25 Years Later

Author Robert Hagstrom discusses the 25th anniversary edition of his book, "The Warren Buffett Portfolio." He reflects on the enduring relevance of Buffett's investment philosophy and contrasts it with the academic definitions of risk.

personRobert HagstrompersonWarren Buffett

The tape

3 quotes
It is now been 25 years since Robert Hagstrom wrote the Warren Buffett portfolio. To celebrate the occasion, he recently published a 25th anniversary edition of the book.
Host
We're talking to Robert Hagstrom, 211, I guess. And we're talking about the Warren Buffett portfolio. This beautiful book. This beautiful man right here. And we're talking about this 25th anniversary edition.
Host
No, you know, they they go by, you know, it, it we were just saying earlier that, you know, time is flying. I just don't, you know, it's just hard to wrap your hands around. I can't believe that book was 25 years ago.
Robert Hagstrom
Heard on Excess Returns — “The Warren Buffett Portfolio: Robert Hagstrom on What Wall Street Gets Wrong About Risk, published Tuesday, July 28, 2026. Heardvine summarizes and quotes with attribution and timestamps, and links to the original everywhere.
Transcribed via Gemini audio transcription · $0.07
Robert Hagstrom Revisits Warren Buffett's Portfolio Approach 25 Years Later — Heardvine