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The following article was contributed via Seed.com, AOL's new platform for freelance writers.

"I don't like to opine on the stock market, and again I emphasize that I have no idea what the market will do in the short term. Nevertheless, I'll follow the lead of a restaurant that opened in any empty bank building and then advertised: 'Put your mouth where your money was.' Today my money and my mouth both say equities."
~ Warren Buffet, in a New York Times op-ed from October 17, 2008.

With the release in 2008 of the highly-anticipated biography of Warren Buffet The Snowball: Warren Buffet and the Business of Life, the somewhat unlikely cult of personality that is the Oracle of Omaha once again garnered attention. There are legions of Buffet adherents, and there is no doubt that his underlying principles are sound. He lives in the same house in Omaha that he bought in 1958 for about $31,500 and that today is valued at around $700,000. His stock picks have been similarly spectacular in many instances. But the Contrary Investor (that's me) would proffer that there are two very basic, very important distinctions in Mr. Buffet's investment process that followers simply cannot duplicate.

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Why You Should Not Invest Like Warren Buffett: Because You Can't! originally appeared on BloggingStocks on Mon, 25 Jan 2010 19:00:00 EST. Please see our terms for use of feeds.

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