Why should we learn from Warren Buffert ?

Warren Buffet has always been the person whom people look up to when it comes to stock selections. Back in the 1980s, the purchase of the Coca-cola, Wells Fargo, and the American Express proved that he had a sixth sense in choosing stocks. In the last two years, Warren Buffet again proved that his sharp instinct in investment. I still remembered that he sold off all his stakes in China Oil in the peak of year 2007. Then, many people questioned about his action and mocked at him. As the history proved that he was doing the right thing, the stock price of China Oil has dropped significantly since Buffet sold his stakes. Lately, Warren Buffet once again proves himself the unique way in term of investment. With the large amount of cash on hand, he bought many sweet and bargain stocks in Goldman Sachs, GE, Morgan Stanley, and many others. I need to learn from him in my financial investment in the future.