Buffett is best known for investing in companies that are undervalued. If he simply invested as you describe, he would be lost in a crowd of investors who use t

Buffett is best known for investing in companies that are undervalued. If he simply invested as you describe, he would be lost in a crowd of investors who use the same criteria. Also it's important to say that some investors are going to succeed by chance, not design, and there cannot be a consistent winning equities investment formula or method. More here: http://arachnoid.com/equities_myths http://arachnoid.com/equities_myths