The Complete Users Guide to Warren Buffet

Sorry for the late post but I had to attend some training that I had forgot this morning. Anyways...I just wanted to share this interesting article that I came across:

The Complete Users Guide to Warren Buffet

The article describes “four savvy strategies for intelligently capitalizing on Buffett's wisdom”. The basic premise of the article is that investors shouldn’t focus on Buffets' long term holdings but instead focus on his recent acquisitions (ie- JNJ, UNH, PKX) and on the long term macro trends that Buffet has identified in the market (ie- retiring baby boomers, China). The article also reassured me that my recent decision to buy JNJ for the long term was valid. It’s worth a read.

Insider Trading

I just wanted to let readers know about this resource that I came across:

http://www.canadianinsider.com/

The site allows you to see which corporate insiders are accumulating or selling shares. Personally I don’t put very much importance on insiders selling as they could be selling for a number of reasons unrelated to the future of the company (ie- purchasing a new yacht, divorce, etc...) However, I believe that insider buying can be a powerful indicator of insiders’ opinion on the future of the company. It’s reassuring as a small investor to see corporate big wigs put their money where their mouth is. They live and breathe the company and if they think the company is cheap enough to buy then I definitely think it’s worth a look.