Why would one think that Warren Buffet would actually save them heart ache in investments?
If Warren sees a opportunity to make money, do you really think he will tell you to buy in to something? Moreso it seems to me that he would tell you not to buy it so he could at some point.
Since when is his agenda for the greater good of the rest of the population?....exactly....never.
He is generally not that selfish. The fact that he has such a large amount of money means that he tends to buy entire companies (or large percentages of companies) as opposed to a few hundred shares of stock. Not only that but if he were to invest in a company and then were to say that he thinks it is a good investment then the price of the stock will likely rise because people tend to listen to his advice
Most posters here who call him an old man probably don't know how he became rich or what Berkshire Hathaway does as a company.
He is also one of the greatest modern day philanthropist donating approx $20B to date