I once had the opportunity to hear the Oracle of Omaha speak in person at a Utilities conference. I was enthralled by his remarkably simple wisdom. If there’s one thing that makes Buffett who he is, it’s his ability to distill difficult concepts into easy, memorable phrases. This article draws out some of the best recommendations – the same exact principles that have guided his investment philosophy for dozens of years.
http://articles.moneycentral.msn.com/learn-how-to-invest/buffetts-tips-for-new-investors.aspx