Being Like Buffett: It's Not in the Timing

At some point, many early investors look at themselves and think, "I'm going to be the next Warren Buffett." Seasoned professionals immediately run through a list of all the people who have said something similar to them. There's an irony in these two thoughts that I find intriguing and it all boils down to interpretation. 

Let's face it, nobody you or I know is likely to become the next Warren Buffett. Investors like him come along every few decades. The world has evolved into algorithms, trades in fractions of a second, instant gratification and momentum. At some point, the pendulum may swing back. Strike that, it will swing back, but I believe the value swing portion of the movement is becoming shorter. That makes timing incredibly difficult, and timing has been one thing Buffett cares little about, and therein lies the rub....485 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

Read the full story and get access to the Real Money Pro trading floor.

There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.

Already a Subscriber? Please login.

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data & Company fundamental data provided by FactSet. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by FactSet Digital Solutions Group.


TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

FactSet calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.