The New Buffett Strategy: Part II - TheStreet

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

Coca-Cola

(KO) - Get Report

,

American Express

(AXP) - Get Report

and

Procter & Gamble

(PG) - Get Report

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

Apple

(AAPL) - Get Report

,

Google

(GOOG) - Get Report

,

Sun Microsystems

( JAVA),

Intel

(INTC) - Get Report

or even

Microsoft

(MSFT) - Get Report

.

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

Entergy

(ETR) - Get Report

and

Edison International

(EIX) - Get Report

.

To read more, please click here.

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