Warren Buffett is the greatest investor of all times. Many people look upon him for investment advice. Some even follow what he does as closely as possible. Isn’t it the logical way? Do what successful people do and you will be successful too? I would say sometimes. To replicate success, you must ensure you emulate that person as closely as possible. If you take a closer look at how Warren Buffett invests, you may not be able to follow. Here are 4 reasons why:
#1 – Buffett has access to large cash from his insurance businesses
Buffett loves the insurance business. Not only he understands it well, he is able to maximize the capital for investment. Insurance business is often cash rich, there is free cash available after the company deduct a sum of money for compensation from the premiums paid by the clients. Insurance companies make money by investing ...
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