5 Reasons You Shouldn't Invest Like Warren Buffett
It's hard to come up with a more impressive investor than Warren Buffett (or a more impressive person, period). Check out his record: Shares of his company, Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B), increased in value by more than 2.7 million percent between 1965 and 2019. That's a compounded annual gain of 20.3%. If that sounds impressive, it is -- the S&P 500 gained only 19,784% over that period, or 10% annually.
Naturally then, you might want to invest just like Warren Buffett, in order to achieve great wealth like him. (He was the wealthiest man in the world for many years, but has slipped in rank in recent years, partly due to his having given away many billions of dollars.) Unfortunately, though, you shouldn't invest like Warren Buffett -- because you probably can't.
Image source: The Motley Fool.
Source Fool.com
