5 Best Warren Buffett Stocks To Own For 2014

We all admire and envy Warren Buffett and his billions of dollars. We will any day be happy to achieve what he has accomplished. However, despite being fully aware of his methods and techniques, we have failed miserably to garner even a tiny fraction of his success. Why? Following is a brief account of what he advocates and where we have failed.

1. "I try to look out ten or twenty years when making an acquisition."

Most of us, however, don't see beyond ten to twenty 'days' (or, in the best case scenario, ten to twenty 'months'). Clearly, we lack the discipline and patience to make money from the stock market. We treat it as a make-money-overnight casino. Therefore, I guess the stock market too treats us ��amblers�� and we invariably end up on the losing side. Instead, had we considered it as a tool for long-term wealth creation then the market too would have regarded us as ��nvestors��and we too would have become mini-Warren Buffetts.

2. "Most of the investments like money-market funds, bonds, bank deposits are thought as "safe". In truth they are among the most dangerous of assets. Their beta may be zero, but their risk is huge. Over the past century these have destroyed the purchasing power of investors in many countries even as the investors continued to receive timely payments of interest and principal."

5 Best Warren Buffett Stocks To Own For 2014: Southcoast Financial Corporation(SOCB)

Southcoast Financial Corporation operates as the holding company for Southcoast Community Bank that provides commercial banking services in South Carolina. The company offers deposit services, which comprise business and personal checking accounts, NOW accounts, savings accounts, money market accounts, various term certificates of deposit, individual retirement accounts, and other deposit services. It also provides secured and unsecured, short-to-intermediate term loans for commercial, consumer, and residential purposes. The company?s consumer loans include car loans, home equity improvement loans secured by first and second mortgages, personal expenditure loans, education loans, and overdraft lines of credit; commercial loans for businesses to provide working capital, expand physical assets, or acquire assets; loans secured by real estate mortgages for the acquisition, improvement or construction, and development of residential and other properties; residential real esta te loans; non-farm and non-residential loans; commercial real estate loans; real estate construction loans; and land development loans. In addition, it offers residential mortgage loan origination services, safe deposit boxes, business courier services, night depository services, telephone banking, MasterCard brand credit cards, tax deposits, and automated teller machine services. The company operates offices in Mt. Pleasant, Charleston, Moncks Corner, Johns Island, Summerville, Goose Creek, and North Charleston, South Carolina. Southcoast Financial Corporation was founded in 1998 and is headquartered in Mt. Pleasant, South Carolina.

5 Best Warren Buffett Stocks To Own For 2014: Tye Soon Ltd (T08.SI)

Tye Soon Limited, an automotive parts distributor, together with its subsidiaries, engages in the import, export, and trading of automotive spare parts. The company offers damping and suspension products, steering parts and rubber-to-metal components, lighting and electronics, water pumps and universal joints, tensioners, ball bearings, clutch release bearings, wheel hub bearings, tensioner and idler bearings, shock absorbers, brake pads, brake discs, filters, wiper blades, and drum brake and disc brake assemblies, as well as parts for braking apparatus, such as friction materials. It also provides automobile and truck engine oils, two-stroke engine oils, rally and racing oils, gearbox oils for automatic transmission systems, oils for mechanical gearboxes and drive shafts, agricultural machinery oils, hydraulic oils, industrial oils, brake fluids, customized products, general and heavy-duty greases, automobile care products, cleaners, winter chemicals, and cooler protectio n products. In addition, the company engages in the property investment business. It has operations in Singapore, Malaysia, Thailand, Hong Kong, China, and Australia. The company was founded in 1933 and is based in Singapore. Tye Soon Limited is a subsidiary of OBG & Sons Pte Ltd.

Top 5 Blue Chip Companies For 2014: Cannabis Science Inc (CBIS)

Cannabis Science, Inc., incorporated on May 4, 2007, is a development-stage company. The Company is engaged in the creation of cannabis-based medicines, both with and without psychoactive properties, to treats disease and the symptoms of disease, as well as for general health maintenance. On February 9, 2012, the Company acquired GGECO University, Inc. (GGECO). On March 21, 2012, the Company acquired Cannabis Consulting Inc. (CCI Group).

The Company is engaged in medical marijuana research and development. The Company works with world authorities on phytocannabinoid science targeting critical illnesses, and adheres to scientific methodologies to develop, produce, and commercialize phytocannabinoid-based pharmaceutical products.

Advisors' Opinion:

• [By Bryan Murphy]

  The difference between Growlife's leadership and, say that of competitors like Cannabis Science Inc. (OTCMKTS: CBIS) or Medical Marijuana Inc. (OTCMKTS: MJNA), has been relatively well documented here at the SmallCap Network site. I think the way I - well, someone else - put it back on June 25th says it best...."Growlife is sort of the demure girl in the corner who doesn't do shots off her navel in the bar." It may not have sizzle, but it does have substance.

5 Best Warren Buffett Stocks To Own For 2014: Acea Spa(ACE.MI)

Acea S.p.A. engages in water, networks, energy, and environment and energy businesses in Italy and internationally. It is involved in the management of energy, environmental, and water services; the production, sale, and distribution of energy; the development of renewable sources; the disposal and creation of energy from waste; and the public and artistic lighting, as well as the provision of integrated water service, including aqueducts, sewerage, and purification. The company is based in Rome, Italy.

5 Best Warren Buffett Stocks To Own For 2014: Nortech Systems Incorporated(NSYS)

Nortech Systems Incorporated operates as a contract manufacturing company. It manufactures wire harness cable and printed circuit board assemblies, electronic sub-assemblies, higher level assemblies, and complete devices. The company also provides value added services and technical support, including design, testing, prototyping, and supply chain management; and repair services on circuit boards used in machines in the medical industry. In addition, it engages in the design, manufacture, and post-production service of electronic and electromechanical medical devices for diagnostic, analytical, and other life-science applications. Nortech Systems Incorporated serves various industries that include aerospace and defense; medical; and the industrial markets, which include industrial equipment, transportation, vision, agriculture, and oil and gas. The company markets its products through sales force and independent manufacturers? representatives. Nortech Systems Incorporated was founded in 1981 and is headquartered in Wayzata, Minnesota.

Advisors' Opinion:

• [By James E. Brumley]

  In a perfect world stocks would move in predictable, manageable ways. We don't live - nor do we trade in - a perfect world. In the real world we have to adapt to and deal with the curve balls the market throws us, and there are no two stocks that illustrate that point better than Document Security Systems, Inc. (NYSEMKT:DSS) and Nortech Systems Incorporated (NASDAQ:NSYS) to today. While both NSYS and DSS are up today, one's overbought and ripe for a pullback, while the other is likely at the beginning of a trade-worthy rally.