I'm pretty sure the almighty Buffett's abilities did not develop overnight. It's been a lifelong process -- one that he began at age 11. So while he may be a better investor than we are today, we can at least learn from his experiences and -- like he did -- become superior investors over time. That means:
Buying for life (or, at least, the long term).
Buying small (perhaps our lone advantage).
and especially this......
Buying based on thorough research and due diligence.
I have learned that an open mind is an expanding mind. That is why "KingofPennies" & "Pedro" your thoughts are always welcome, as far as I'm concerned, as are your dissenters