Follow Buffett?

  Date Tuesday, September 30th, 2008

Warren Buffett is the best investor of our time, perhaps of all time.  Does this fact mean that the way to riches is to track and emulate his investment moves?  Well, if you are a billionaire looking to maintain your financial empire, then this is probably a good strategy.  But if you are still working on your own financial mega entity, then you are best served going off on your own.  Studying his strategies and investment philosophy is certainly beneficial to any investor, and will strengthen your mindset toward the markets.  But do not think that by matching the moves of a mega investor that you will become one too.  You must hone your own strategy to first achieve that level, and then when you are in the same vehicle can you drive on the same road to the financial stratosphere.

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