Warren Buffett is a legend among value investors — and for good reason. His investment record is unmatched by any other investor who existed in the last 100 years. Value investors, understandably, have tried to emulate Buffett’s approach to investing in order to snag a sliver of his returns. This typically means being glued to CNBC in the hopes of catching an interview, pouring over a mountain of books written about him, or combing through Warren Buffett’s annual letters for nuggets of wisdom.
Unfortunately, trying to emulate Warren Buffett has led investors to adopt a less than ideal strategy.