Warren Buffett Would Never Buy This Stock… But You Did

by Greg Guenthner
Daily Reckoning

Warren Buffett is your friendly neighborhood billionaire.

He enjoys Coca-Cola and ice cream cones at his annual Berkshire Hathaway love fest, which was held in Omaha over the weekend. Folks show up by the thousands to hear his folksy banter and market opinions.

They must think some of the Oracle’s value investing savvy might rub off on their sorry brokerage accounts. Or maybe Buffett will accidentally drop a fat wad of hundreds for some lucky attendee to find…

Because he certainly doesn’t dole out a lot of stock picks.

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