Legendary investor Warren Buffett has built his reputation by developing a tried-and-true model for picking quality stocks and making savvy investments. This has led to Buffett's having beaten the market by an almost absurd margin over time.

Followers debate the merit of following his method to a T or forging your own path based on his sound and freely given advice. Does it make sense to buy what Buffett buys, or strike out on your own? Let's examine the options.

The simplest way to invest like Buffett is to invest in Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) stock. Buffett himself loves the idea of individual investors benefiting from stock market movements though investing in an S 500 index fund, but investing in Berkshire Hathaway lets you benefit from Buffett's investing wisdom without doing the work yourself. Of course, you can buy shares of Berkshire Hathaway in addition to others.

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Source Fool.com