This Is the 1 Investing Rule Warren Buffett Has Followed for Decades -- and History Says He's Never Been Wrong
Investing like Warren Buffett is simpler than you might think.
Overview
It's a lucrative time to be an investor, as the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC) have each nearly doubled over the last five years. By investing for decades, it's possible to build life-changing wealth.
If there's one investor who has proven how lucrative long-term investing can be, it's Warren Buffett. The investing legend has reportedly generated around 98% of his wealth after age 65, according to estimates from wealth management firm Creative Planning, largely thanks to his savvy investing strategies.
Details
While there's no single correct way to invest in the stock market, Buffett has one simple rule for choosing winning stocks: Be a business picker, not a stock picker.
Source
Originally published at www.fool.com.