Black Enterprise Magazine ran a story on me in this month’s edition of the Magazine. I was interviewed by Mr. James Anderson and shared my insights on the market.The piece is called, How To Buy Like Buffett. The article discussed my investment advisory business and this blog Buy Like Buffett. Here are a few of the excerpts from the magazine article.
How To Buy Like Buffett
“Blogger and financial adviser Mark Riddix makes three mutual fund picks to help you invest like his idol, Warren Buffett MARK RIDDIX, a Baltimore-based financial adviser, has recently been making waves online. Even while managing money for clients of his firm, New Horizons Financial ManagementL. L.C., Riddix dispenses investment advice on his website, BuyLike- Buffett.com, and on other Web outlets, like Savings.com and Seeking Alpha.
Like his idol, Warren Buffett , Riddix is a value investor. “I think once investors hop on the growth bandwagon with stocks like Apple, they’re automatically paying more for a company’s popularity,” he says. “The problem is, management has to hit earnings projections perfectly or else you might have problems.” Riddix says value stocks are cheaper and have the potential to surprise you. “There are opportunities out there in financials and energy companies in this environment,” he says.
You can read the entire interview in the May 2011 edition of Black Enterprise magazine.