The Strategy Behind Buffett's Success

In an interview with CNBC, Validea CEO John Reese talks about his Warren Buffett-inspired strategy, and some stocks it’s high on right now. Reese explains how his model uses Buffett-based criteria to pick stocks, including earnings persistence — it looks for firms that have a 10-year history of consistently upping annual earnings. He also talks about some of the other criteria his model uses, and some stocks it’s keen on right now, including Coca-Cola and Stryker Corporation.