Yup! Warren Buffett saddles up his well-nourished philosophical steed and gobbles up $500M.

For the novice investor who might be hastily wanting to plunk down some of his or her hard earned investment cash on the latest hot ticket recommendation of his or her stock market buddy, I cannot help but recommend that you spend your next 48 hours of investment learning in acquiring knowledge and insight into the Oracle of Omaha, plain and simple.

And then, do what he does in the stock market and apply it to the real estate market.

Now as flamboyant as Donald Trump might be, it might not be a bad idea to learn a little bit about him, also. And then check out a little bit of Trammell Crow.

From a current article regarding The Oracle:

"One of the most notable aspects of Buffett's investment philosophy involves the concept of 'enduring moats.' An enduring moat is a special advantage a company has that will give it a 'durable competitive advantage' -- another Buffett buzzword -- over its peers over the long term."

http://articles.moneycentral.msn.com/Investing/StrategyLab/Rnd17/P5/GuruInvestor20080624.aspx

HINT, HINT:  change the words "a company" to the words "this particular segment of the industry" and then read the sentence again with the newly inserted words in it.

Cheers....