Investing like Warren Buffett… and other strategies that could make me rich with UK shares

first_img Royston Wild | Thursday, 12th November, 2020 Image source: Getty Images. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Enter Your Email Address Our 6 ‘Best Buys Now’ Shares Simply click below to discover how you can take advantage of this. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement.center_img Investing like Warren Buffett… and other strategies that could make me rich with UK shares Royston Wild owns shares of Diageo. The Motley Fool UK has recommended Associated British Foods and Diageo. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! “This Stock Could Be Like Buying Amazon in 1997” Market sentiment has been crying out for a big shot of confidence for most of the year. News of a breakthrough on a Covid-19 vaccine has thankfully provided just that. Hopefully, we’re seeing the start of the next exciting bull market for UK shares.It’s too early to claim we’ve turned the corner regarding the coronavirus crisis though. There are still big questions to be answered over the efficacy of Pfizer’s treatment before we can say an end to economic-damaging lockdowns is on the horizon. It’s why many believe this week’s UK share price rally has been overdone.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Covid-19 isn’t the only thing that could hamper the global economy as we move into 2021 either. There’s also ongoing tension over trade tariffs that could harm growth in the near term and beyond. Just yesterday, the European Union slapped $4bn worth of tariffs on US goods. Failure by London and Brussels negotiators to create a Brexit trade deal by the end of the year could also damage the economic rebound and push UK share markets lower again.Thinking like Warren BuffettThis doesn’t mean that, as a UK share investor, I’ll stop buying for my Stocks and Shares ISA however. I also fear this week’s stock market rally could be a bit premature. But there are still plenty of strategies I can embrace to make big returns whatever fate awaits the global economy.For example, I can follow Warren Buffett and select UK shares that have clear and defined ‘economic moats.’ In simple terms, these are competitive advantages that allow companies to keep growing profits by outperforming their industry rivals.Examples of this include Gaviscon manufacturer Reckitt Benckiser Group and Captain Morgan distiller Diageo. These particular products have immense brand power which other indigestion remedy and rum labels cannot match. Consequently, they remain reliable revenue generators during economic upturns and downturns. These FTSE 100 companies’ product portfolios are jam-packed with five-star brands like these too.Other so-called economic moats include the ability to produce your goods and services at lower cost than your competitors. That could mean better quality products, intellectual property protection, or  access to higher-growth territories.I like these other UK shares tooAs I say, there are other steps I can take to make big returns in the current climate too. I can buy non-cyclical UK shares whose profits remain robust irrespective of broader economic conditions. I can buy a broad array of water suppliers, car insurance providers, food manufacturers and drugs makers, for example. The brilliant earnings visibility of such stocks means many have the confidence to keep raising dividends in all conditions too.Half-glass-empty investors can also buy into counter-cyclical UK shares today. Firms like insolvency claims specialist Manolete Partners, and owner of the Primark discount retail chain Associated British Foods, are great ways to play this theme, in my opinion. See all posts by Royston Wildlast_img read more