Fact checked by Stella Osoba In 2007, Warren Buffett made a bold statement about the investment management industry that would lead to one of the most instructive wagers in financial history. His million-dollar bet not only demonstrated the power of simple investment strategies but also exposed fundamental truths about investment costs and market

Warren Buffett has delivered market-beating performance over the long haul. Investors keep a close eye on the billionaire’s moves, hoping to follow some of his successes. Buffett’s latest move tells us something important and could impact whether we win or lose over the long term.

Warren Buffett's surprising investment priority that keeps him winning in any market — and why it could work for you too.

While it won't make you a billionaire overnight, following these 5 principles can lead to better long-term investments.

Buffett's financial stocks include major holdings such as American Express and Bank of America. Jefferies Financial has been his biggest winner recently, while Ally Financial is the cheapest and offers the juiciest dividend.