What would Warren Buffett do?

If we all could have Warren Buffett as our personal investment advisor the world might be a happier and wealthier place. Alas, Buffett can’t be available at your whim, but his investment strategies and methods are widely available for your reference.

“Running a business and making an investment go hand in hand”, is one such philosophy. The prudent businessperson and intelligent investor will scrutinize the balance sheet before purchasing a stock. They would not buy a business based solely on rapidly increasing profits. Buffett has lots of easily understood advice like this, but there are only useful if you actually apply his approach.

The Motley Fool presents some of Buffet’s words of wisdom.