Wealth Management Pros Say It's Buffett's Wisdom that Drives their Success

LOS ANGELES, May 7, 2014 /PRNewswire/ -- They call it "Woodstock for Capitalists", but for the contingent from Los Angeles-based RVW Investing LLC, the annual Warren Buffett stockholder event was more than just celebration – it was matriculation. As in past years, the town of Omaha suddenly became alive with loyal company shareholders eager to be inspired and to patronize company-owned businesses in the area - and with asset managers eager to learn from the master himself.

"For five hours, Mr. Buffett and his sidekick Charlie Munger discussed more than just investing," said Jonathan Gerber, the investment firm's co-founder. "Their conversation included politics, economics, life-wisdom and philosophy".  His favorite zinger from Munger, the master of one-liners:  "The greatest way to get a spouse is to deserve one. The same goes for getting a good business partner."

Joining an estimated crowd of thirty eight thousand fans last weekend, two dozen RVW principals and clients heard the Wall Street legends offer an updated review of the Berkshire Hathaway portfolio and plans for the future. Living testimony to the soundness of the Buffett approach was the presence of thousands of investors who had become wealthy thanks to the company.

"For this weekend, the whole town of Omaha is transformed into a giant celebration of capitalism – and a tribute to their favored son, Warren Buffett" agreed Hy Shwiel of New York – a long time RVW Investor and a retired Ernst & Young partner.

For the RVW management team, Warren Buffett's clear, plainspoken analysis provided backup and validation to three pillars of their own investment model: Seek value in businesses that have superior management, buy and hold, look for brands and moats.

"Buffett's style takes the power of strategic thinking and total focus to a whole new level," said RVW client, entrepreneur extraordinaire and first-time attendee Lee Samson of Beverly Hills. "And from the very wise Charlie Munger, we learned perhaps even more, because he says very little but virtually every word is carefully measured and profound."

"We have distinct differences in our methods of assessing investments," says Selwyn Gerber, RVW's managing partner, "but we thoroughly incorporate the essential Buffett wisdom into the RVW approach."

According to Mr. Gerber, the uncertainty of the last decade has made investors keenly aware of the value of taking a long-term approach to growing their wealth. Increasingly, smart investors view equity investing as a process of buying fractional ownership in businesses rather than frantically circulating pieces of paper.

"The ultimate validation of our integration of the Buffett-inspired approach is the fact that we are regularly adding new assets and have a delighted clientele."

www.RVWInvesting.com

Photos available:
http://www.rvwinvesting.com/rvw_photo1.jpg
http://www.rvwinvesting.com/rvw_photo2.jpg

Caption to RVW Photo 1: The first group of the RVW contingent arrives in Omaha.
Caption to RVW Photo 2: RVW client Lee Samson of Beverly Hills, CA enjoys his first BerkshireFest.

RVW Investing LLC is a Century City CA based Registered Investment Advisor.
CONTACT: For more information, or to arrange an interview with Selwyn Gerber:
Mary Arroyo, [email protected], +1-310-945-4000

SOURCE RVW Investing LLC