We always look up to the successful people in our society. We try to learn and replicate what they do so that we can be successful as well. Is it all that simple?

There is one Warren Buffett, the world’s best investor of all time. The only investor that made to the Forbes richest man without founding or running a business. Take a trip to the bookstores or do a search on the internet and you will find overwhelming information about him and his investing principles. Investors who want to be successful should learn from the best in the world. Is it true?

I remember reading somewhere (should be The Snowball) about Warren Buffett giving a lecture on investing in his early days where he mentioned about having to choose one company out of  thousands in the same industry. At that point in history, there could be many others …