GSMI & Keeper: Why They're Warren Buffett-Type Stock Picks
To understand what a Warren Buffett–style stock pick is, let's look at Isaac Asimov's classic science fiction series Foundation. In the books, a character named Hari Seldon develops a field called psychohistory - a blend of math, statistics, and sociology designed to predict the future.
The main idea is simple: you can't predict what a single person will do, but you can predict the general patterns of large groups. Seldon was able to use this concept to accurately forecast multiple events far into the future.
