Like the old E.F. Hutton advertisements, when Warren Buffet speaks, people listen.
And listen closely.
While I do not believe a small investor can replicate Mr. Buffet’s investment strategy (please see Invest Like Warren Buffet ), his advice to investors is usually excellent.
This article in The Wall Street Journal  summarizes Mr. Buffet’s beliefs from a recent letter he penned to Berkshire Hathaway shareholders.
No earth shattering secrets. Just sound investment advice that everyone should follow.
As we start looking at investing basics in May, you will see how Mr. Buffet’s advice is incorporated in many of my own thoughts.