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Updated from 6:59 a.m. EDT

By Stockpickr Guest Columnist Steven Plisk

On Friday, we ran

part I

of "The New Buffett Strategy," introducing a new strategy for piggybacking the "world's greatest investor," Warren Buffett.

Buffett seems to buy and hold classics -- such as


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American Express

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Procter & Gamble

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-- and make tons of money. He avoids the herd mentality and stuff he doesn't understand -- which means no


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Sun Microsystems

( JAVA),


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or even


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Today we'll talk about best-of-breed merchant generators, including


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Edison International

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