A risky game is playing the stock market without a plan. Here, we outline the best ways to invest so you may get returns close to Warren Buffett's.

A risky game is playing the stock market without a plan. Random stock selections might accumulate into an unorganised, imbalanced portfolio that is more likely to cause you to lose money than to gain it.

Beginning from scratch is not necessary. Your money can rise if you adopt the trends, or even the specific portfolios, of the world's top investors. Here, we outline the best ways to invest so you may get returns close to Warren Buffett's.

Warren Buffett

The most well-known investor in the world is certainly Warren Buffett. In only the last ten years, the so-called "Sage of Omaha" has generated returns of about 200%. His success is founded on a clear, no-nonsense strategy: make long-term investments in reputable companies with dependable managers at reasonable costs.

Berkshire Hathaway, the business owned by Mr Buffett, gives its investors frequent updates on the composition of its own portfolio. Therefore, if you want to adopt Mr Buffett's investing strategy for your ISA, you may either purchase shares of Berkshire Hathaway or those of the businesses it invests in.

Mr Buffett's portfolio includes large, high-quality companies like Apple and Disney. He has also staked a significant amount of money on the oil market; his business is the largest stakeholder in both Chevron and Occidental Petroleum, two of the world's major oil producers.

Benjamin Graham

It is recognised that Benjamin Graham is the "father of value investing."

Shares that are trading for less than they are worth are sought by value investors. Numerous "valuation" procedures, such as determining the "price to earnings" ratio, can be used to ascertain this. This measures the price of a company's shares in relation to its earnings; the lower the multiple, the less expensive the stock.

P/E ratios are helpful for fast valuations but keep in mind that they do not provide a whole picture. It disregards a company's assets, debt, and cash flow, to mention a few other factors.

Value investing has been mostly out of popularity during the past ten years, but a recent shift in the economic climate has brought it back into the spotlight.

John Templeton

American-British value investor Sir John Templeton was renowned for his unconventional outlook. He thought that buying when everyone else was pessimistic was the greatest way to make money. "Bull markets are born on pessimism, grow on scepticism, mature on optimism, and die on euphoria," was one of his most well-known quotes.

The best method to follow Sir John's technique is to find a fund manager who uses a value strategy while trading on the stock market worldwide.

Peter Lynch

Over the 2010s, growth investing was a fairly successful approach. This is the moment when stock pickers support businesses that are anticipated to rapidly increase their income, sometimes even when they are still distant from turning a profit.

The problem with this technique is that these businesses frequently have extremely high valuations, which means that if something goes wrong, the share price might fall dramatically. The "growth at a reasonable price" (GARP) strategy was proposed by Peter Lynch.

Jack Bogle

Jack Bogle, who pioneered passive investing, comes in last but probably most significant for independent investors. He established Vanguard, which is today among the biggest investment firms in the world and popularised low-tracker index funds.

Regular people shouldn't have to pay outrageous costs to access the stock markets, according to Mr. Bogle's view, and because professional investors almost never outperform the market, it would probably be preferable for them not to pay for them anyway.

Even Warren Buffett admitted that for most savers, a low-cost fund was the best option in a letter to shareholders he addressed in the 1990s. He added, "For instance, the know-nothing individual may really out-perform most financial pros by sometimes investing in an index fund”.

Vanguard & Blackrock

Vanguard provides low-cost index trackers and pre-packaged "LifeStrategy" funds that invest in a variety of international equities and bonds based on your level of risk tolerance. The Vanguard LifeStrategy 100pc Equity fund has produced returns of 42% over the last three years, versus an average return of 37% from global fund managers.

Investors may also choose from a variety of "iShares" tracker funds at comparable low prices from rival asset management company BlackRock.

(Sources: telegraph.co.uk, yahoofinance.com)