7 Ways Warren Buffett Changed My Investing Approach

I'm a big fan of Warren Buffett, and have been for many years. It's hard not to be a fan, considering what an amazing track record he has, increasing the value of his company, Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B), by 5,500,000% (nearly 20% annually) over 60 years. In contrast, the S 500 index of 500 of America's biggest companies gained about 39,000% (10.4% annually, on average).

Over many years, I've read up on Mr. Buffett and have soaked up much of his freely dispensed investing advice. I've attended a bunch of his annual meetings, too, listening to him and his longtime business partner, the late Charlie Munger, answer questions for many hours.

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