Buda was born on 7 September 1910 in Elbasan, Ottoman Empire (modern day Albania) to a well-established Jewish merchant family.

[3] He participated at the National Conference of Ethnographic Studies held in 1976 to commemorate 35th anniversary of the establishment of Party of Labour of Albania.

Buda belonged to a group of historians and Marxist philosophers who attacked contemporary theories and trends outside Albania as capitalist and revisionist.

[9] He was considered as the leading Albanian scholar of Illyrian history who belonged to group of historians who also pointed out that there is no trace of Illyrians between the 6th century (when they were mentioned in historical documents for the last time) and the 11th century (when Albanians were recorded in historical documents for the first time).

[11] Buda belonged to a small group of intellectuals allowed by the Albanian communist regime to have access to foreign literature in order to use them to prepare new ideological and theoretical directives for the rest of their colleagues.