Website Tracks Stock Picks of Warren Buffett, George Soros, Bill Miller and 18 Other Best Investors

June 09, 2005 (PRLEAP.COM) Business News
When Warren Buffett buys a new stock, millions of people follow. For more stock ideas, investors may also want to look at the investment gurus who are as good, or almost as good as Buffett. A group of value investing devotees launched a website called http://GuruFocus.com, aiming to track the stock picks of the best investors in the world.

As of today GuruFocus.com tracks the stock picks of Warren Buffett, George Soros, Bill Miller, Martin Whitman, Bill Nygren and 16 others.

The gurus are selected based on their long-term track record, said Dr. Charlie Tian, research director of http://GuruFocus.com. Over the years they have beaten the benchmarks by wide margins; most of them are value-investors.

Not all the stocks gurus pick go up, some of them go down initially. GuruFocus.com features a Bargains page where investors may find bargains. With some homework, investors may buy stocks at lower prices than what the gurus have paid.

GuruFocus also features a Focus page where investors can find the stocks that several gurus have bought. Investors may want to look into these stocks, too. Some stocks in this page have been sold by multiple gurus, watch out!