5 easy steps to invest like Warren Buffett with ASX shares
Image source: Getty Images
Warren Buffett is widely regarded as one of the greatest investors of all time.
Over multiple decades, the Oracle of Omaha has built a multi-billion-dollar fortune, all while using a strategy that anyone can understand.
With that in mind, here are five easy steps to start investing like Warren Buffett with ASX shares.
Look for moats
Buffett loves businesses with a sustainable competitive advantage — what he often calls an economic moat. These are the traits that protect a company from rivals and help it generate strong returns over time.
On the ASX, shares like ResMed Inc. (ASX: RMD) and CSL Ltd (ASX: CSL) fit the bill. These companies have deep expertise in healthcare, global reach, and trusted…