Stop wasting so much time and energy trying to find 'that' perfect stock. Instead discover...
The Buffett Way
And he's achieved tremendous success with not one, not two, but several stocks that have multiplied several times over a number of years.
Among other reasons, the key factor that prompted Buffett to buy Coca-Cola (as he later clarified) was that he believed in the simplicity and sustainability of its business.
You know, the 15 times return on Coca-Cola is just among the lesser returns that Buffett has made over the years. Washington Post, the newspaper company that he started acquiring in 1973, has till date multiplied his money a whopping 81 times! And this is keeping out the significant dividends that the company has paid out over these years.
As per the reasoning he later offered, Buffett bought Washington Post simply because the company, apart from doing good business, was selling at a much lower price than its true business value.
'The Value Investor' will emulate Buffett's mantra of buying stocks when they are selling cheap as compared to their true worth.
Another of Buffett's investments that turned extremely successful was 'Gillette', the shaving products major. Buffett's simple reasoning to buy Gillette can be summed up in his own words - "I go to sleep in peace every night realising that every morning when I wake up, millions of men will wake up with me and shave."
Not to mention that Buffett multiplied his investment in Gillette almost 9 times in 14 years.
That Can Multiply Your Wealth Several Times
Over The Next Five To Ten Years?
"Why Should I Do This?"
Okay, let us put it the other way - what could be the opportunity loss for you for not practicing 'The Value Investor' strategy and otherwise following the herd?
See this chart...
The above chart depicts the increase in book value per share of Buffett's company Berkshire Hathaway vis-à-vis the performance of S&P 500 during the period 1964 to 2008.
While the S&P 500 multiplied by around 42 times during this period, Berkshire's book value multiplied 3,400 times!