[PittsburghFX]

Well Buffets approached worker for him, but you will notice that across the board with the majority of people, it doesn't.

I studied Buffets investments in my Intro to MGMT class at Pitt. I wrote a paper about him. Every single new invention, like Dairy Queen, he bought out. Buffet doesn't trade stocks, rather he buys companies out. Thats the one thing you want to make clear. He was able to Buy out great ideas and companies before they took off and thus was able to control the direction of the products in which they sold.

I mention Dairy Queen, because while doing my research I assumed that Warren Buffet was this genius technical analyst trader, but rather he bought out "Brick and Mortor" companies that had awesome staying power. The thing that blows me away is that somehow he had the insight to be able to see that basic hometown companies could last for 50 yrs to the future. All the tech stocks and other high flyers do not seem to be in the same stability of classes as per say a Dairy Queen growth'er. So Buffet if anything teaches us to buy out and take control of the direction of companies, not idely sit buy and let the board of directors do it for you. This is just my observation.

On a side note: The first Banana Split was invented and copyrighted by a Pitt Grad!