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Not Listening to Buffett Cost Me Thousands

by Motley Fool - July 23, 2008 - 0 comments It was announced in February that Berkshire Hathaway chairman Warren Buffett was again the richest man in the world. Given that his estimated $62 billion fortune was amassed through investing acumen -- he's almost universally accepted as the world's greatest stock market investor -- it pays to listen when he talks. Though Buffett is commonly considered to be a value investor, he seems just as focused on growth. Either way, he's proven that he's an intelligent investor. As Buffett's sidekick Charlie Munger once said, "All intelligent investing is value investing." Google as a value stock Buffett focuses on companies with favorable long-term economics that have strong competitive advantages, companies such as Coca-Cola , Washington Post , Kraft Foods, Anheuser-Busch (NYSE: BUD) and... [read full story]                    

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