All about Warren Buffett and the key to successful investing may not be what you think it is.

This is industry focus.

Hi Fools, Michael Douglas here, financial analyst with Motley Fool and I'm here with our senior baking specialist John Maxwell from Portland

John how's it going? Great it's great. It's great. It's good to be with you Michael.

All right fantastic so we're we're going to be talking about well two articles that you've written recently, so I guess we'll just

call ourselves the John Maxfield show today, which I'm okay with. So let's start with sort of

Warren Buffett, right?

You know, super investor, everybody loves hearing what Buffett's got to say.

And you know, you've titled this article, you know, Warren Buffett does things that you shouldn't

try at home.

Encourage people to check it out on fool.com.

It's an interesting article because it basically says, well listen,

a lot of people like to follow Buffett,

but that's not always actually a great idea.

Walk us through your reasoning here, John. So a lot of people look at

Warren Buff and they say, okay, this guy buys great companies, he pays reasonable prices.

If you look at his portfolio, this has really been borne out over the years

that this has turned remarkable, this resulted in remarkable investment returns.

But here's the problem.

If you look at any one individual investment, you can't just assume that he's buying, say, a great company

or what he would say, a wonderful company at a reasonable price.

And here's the reason.

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