This is similar advice as found in the documentary, Warren Buffett: Bloomberg Game Changers (2012), about the billionaire investor who became the world’s wealthiest person by buying stocks from companies that were: easy to understand, well managed, competitive, enduring, and profitable businesses.
Yes it is similar advice to Buffet. But Buffet advised to buy index funds, especially the S&P500 if you don't want to delve into balance sheets and cash flows etc of individual companies
This is similar advice as found in the documentary, Warren Buffett: Bloomberg Game Changers (2012), about the billionaire investor who became the world’s wealthiest person by buying stocks from companies that were: easy to understand, well managed, competitive, enduring, and profitable businesses.
https://moviewise.wordpress.com/2014/06/27/warren-buffett/
Yes it is similar advice to Buffet. But Buffet advised to buy index funds, especially the S&P500 if you don't want to delve into balance sheets and cash flows etc of individual companies