Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

In this Discussion

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

Invest like Warren Buffett...not really

"Warren Buffett has achieved an incredible compounded return of 19.4% per year since taking control of Berkshire Hathaway (BRK.B) in 1964.

So it’s no surprise that most people want to mimic his success.

Heck, if you do a Google (GOOGL) search for “how to invest like Warren Buffett,” you’ll receive about four million results.

But here’s the thing: Each of those links represents a misguided perception that you or I can actually invest like Buffett.

And the people who click the links are victims of this delusion.

As the recent mega deal between H.J. Heinz and Kraft Foods Group (KRFT) clearly shows, everyday investors have absolutely no chance of achieving success like Warren Buffett.
Still, it’s easy to understand why so many people wish to mimic the most successful investor of the 20th century. Acquiring even a fraction of Buffett’s wealth would secure financial independence for yourself and your family for many generations.

But the truth is that none of us can invest like Warren Buffett. It’s high time that we accept it."
http://www.wallstreetdaily.com/2015/03/30/warren-buffett-heniz-kraft-merger/

Comments

  • That is the reason that Bereshire Harthaway is on the top 10 holdings in many funds. Some of their successful track record was built upon Warren Buffet stocking skill.
Sign In or Register to comment.