How to Build a Buffett-Inspired Portfolio With Only $500

A lot of people want to invest like Warren Buffett. The self-made investor turned himself into one of the richest people in the world through a lifetime of value investing while also creating immense wealth for longtime shareholders of Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B), which he has run for over 50 years and now has a market capitalization of $1 trillion.But how can you build a Buffett-inspired portfolio for yourself? The keys are to focus on competitive advantage, valuation, and not being overly diversified. Here's how you can build an investing portfolio like Warren Buffett with as little as $500 today.The first thing Buffett looks for when analyzing a buy-and-hold stock investment is a competitive advantage, or moat. Competitive moats are qualities of a business that give it a leg up over the competition. For example, we can look at one of Buffett's enduring holdings, Coca-Cola (NYSE: KO), which has an advantage over competitors in branding, scale, and distribution. This allows the company to consistently raise prices without impacting customer demand, which has led Coca-Cola to be a huge winner for Buffett and Berkshire Hathaway.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool