Which is fine. He's a great investor on his own terms. But the complete counterexample to Buffet is George Soros -- a different way of thinking and operating.

Both lines of thinking clearly work for some people.. your investment style is tied pretty closely to your personality. There is no perfect solution, and everyone has to find their own way.

I would never put money in a railroad or an oil company, because I can't properly assess what drives the stock price and which unexpected issues might pop up. I can more easily do that with tech.