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Warren Buffett has been Chairman and CEO of Berkshire Hathaway, a general investment company, since 1965. Before that he headed various private investment partnerships. Over a period of 47 years, under Buffett’s leadership, these companies have outperformed broad market indices by an average of 11.16 % per year. In 42 of the 47 years he has outperformed the market. Despite this record, rarely do any standard investment, finance or economics texts mention Warren Buffett. In this paper we look at possible reasons for this and examine the question posed in the title, namely whether or not Buffett is simply a statistical anomaly. We also describe some of the investment criteria used by Buffett and look at some historical studies implementing these criteria using the investment program Conscious Investor