Tip Tuesdays: Avoid the “We Can Help You Mimic Warren Buffett’s Style of Investing” Trap

by Vinaya HS on November 25, 2008

in Finance

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Warren Buffett is the world’s most successful investor. If you had invested in Mr. Buffett’s company when he started off over 40 years ago, he would have grown your money by 400,863%! In Mr. Buffett we have an investor, who has proven time and again that his approach to investing works.

And that’s exactly why we need to learn from him on how to go about selecting stocks to invest in.

DON’T be a victim for such scams. Ever. If someone puts before you a financial offer that uses the words “you,” “Warren Buffett,” and “invest” in the same sentence, run away as fast as you can. And, don’t look back.

Tip Tuesdays is my new initiative to share practical personal finance tips — every Tuesday. I’d be delighted if you could share a tip or two from your own experiences. Drop a comment or use this form to submit your tip. And, as always, do spread the word if you find this useful.




Thanks for reading this article. I'd love to hear your opinion. Please use the comments section below to share your thoughts. I frequently write new articles that also cover several other aspects of personal finance including credit cards, financial goals, health insurance, income tax, life insurance, mutual funds, retirement planning, and much more. You can Subscribe through Email and receive new articles directly in your Inbox or you can Subscribe through the RSS Feed and receive new articles in your feed reader.

{ 4 comments… read them below or add one }

Notary November 25, 2008 at 2:59 PM

Well, that’s a nice marketing gimmic inst it? full marks to creativity here =)) whoever is doing that….Btw when you are told you are a Warren Buffet and also addressed as one…i guess people get lost in their heads hehe! Hence hes Warren Buffet n we are well… “WE” :P

Anoop November 25, 2008 at 5:35 PM

Not a good idea to trust, if someone tells us that we understand market & invest in money, success is not about what they did in the past, but it also means what we reap in future & present.

Notary November 25, 2008 at 6:17 PM

btw i forgot to mention….amazing man where do you find these stuffs….honestly speaking i never knew about this scam …. hahaha!

@ anoop
dude WB is still one of the richest men in the world and one of the most successful investors around…its a different thing that these people are using his name for whatever reasons n with it making a mockery of his name hehe…!

Girish November 27, 2008 at 8:29 PM

Vinaya,
Was expecting a link or URL to Warren Buffett!!!!
Will google and find out….
Keep the blogs flowing…”
Girish

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