John Reese
John Reese, CEO of Validea Capital, an investment advisory for high-net-worth investors, West Hartford, Connecticut. ValideaCapital.com
You don’t have to be a billionaire to invest like Warren Buffett. The Berkshire Hathaway CEO excels at finding undervalued stocks that have great potential to rise strongly for many years. And that approach is especially appealing at a time like this, when many stocks are overvalued.
For nearly 13 years, my research firm has created model portfolios that are based on the stock-picking methods of some of the world’s greatest investors. Over that time, our Buffett portfolio, which is best-suited for conservative investors, has returned an annualized 6.8% versus 5.7% for the Standard & Poor’s 500 stock index. The stocks in our Buffett portfolio are issued by boring, reliable businesses that have shareholder-friendly management, little long-term debt and strong, brand-name products that do well no matter what the economic environment.
My favorite Buffett-like stocks that meet these criteria now…