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Fortune
Fortune
Jason Ma

Warren Buffett has long warned others against picking stocks, but admits he invests in a 'very irregular manner'

(Credit: Mark Wilson—Getty Images)
  • Warren Buffett's surprise announcement Saturday that he plans to step down later this year as Berkshire Hathaway's CEO has renewed focus on his legacy and influence. While he has a devoted following that pores over his stock moves, Buffett has long maintained that average investors shouldn't pick stocks and instead just park their money in an S&P 500 index fund.

Legendary investor Warren Buffett has a devoted following that closely tracks his stock moves, but he has consistently urged most people to do as he says and not as he does.

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