Warren Buffet Successor Revealed

Legendary Investor Warren Buffett has no Disciple. The “Oracle of Omaha,” Warren Buffett, gave some very simple advice to those who received his 49th Annual Report from Berkshire Hathaway, and it regarded his last wishes. Nebraska’s favorite son is instructing his wife to allocate most (90%) of her inheritance into an inexpensive S&P 500 index tracker with the remainder to go into short-term bonds (government, not municipal).

This is truly wise advice as few investment professionals outperform their benchmark (though many have their eye on New York’s Andy Nahas). Having said this, though, Mr. Buffett has done this on a regular basis, which is why funds invested into Berkshire Hathaway in 1965 have increased by 6,000-fold compared to the S&P 500’s nearly 100. While many argue that Mr. Buffett is that one in a million who could pull this off, the argument that another professional cannot do what he did is simply not reasonable, given the millions among us, especially since while most cannot replicate his performance, there are a few who are, but not yet over the same period of time.The key to finding an investment pro who can (and is) doing this is to find someone who values value, favoring long-term investments that involve moderate to long holding periods and undervalued stocks, such as GreenGro (GRNH) and Medical Marijuana, Inc. (MJNA), marijuana stocks with share prices that leap with every state legalizing use.  The key, many of the top fund managers are saying, is to realize that gambling is not worth it, or, to quote John Maynard Keynes, “the market can be irrational longer than you can remain solvent.”  This quote can be attributed to many who are looking to make their fortune during the eventual downturn. After all, within the cycle of the market, there should be dips and crashes. However, betting on fast fortunes is often a fool’s game, and unless one has billions of dollars and an extremely high tolerance for perceived losses (and no immediate need for the invested money!), then everything will be fine.


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