Warren Buffetts Big Picture Approach

Published: Dec. 31, 2014, 5:39 p.m.

b'with Patrick Morris, Contributor \\u2013 Motley Fool

Turn $40 into $10 million, the Warren Buffett way! Learn the secret behind turning a simple, straightforward $40 investment into over $10 million. Can you profit by trying to time the market? Learn how Buffett likes to do it. Buffett also keeps a lot of money sitting on the sidelines \\u2013 about $50 billion or so, of which he sets $20 billion aside as an emergency fund. So what might be a good acquisition for Berkshire Hathaway, and what\\u2019s the one thing that\\u2019s common in many Berkshire acquisitions? Patrick walks us through Buffett\\u2019s various acquisitions and highlights his big-picture parameters for long-term, enduring profits and investment success.

Also hear Buffett\\u2019s advice to youngsters and college students so they don\\u2019t repeat the mistakes Buffett made when he was in college.'