Smart ways to invest and attain early financial freedom

In October 2011 blog, I had recommended 5 stocks at the prices prevailing then -  all the five stocks (SBI, BHEL, Bajaj Auto, Esab Industries and Maharashtra seamless) are still hovering in the same range today and are still worth buying.The methodology used for stock valuation is given in detail in my Sept 2010 blog - you can go back and look at it, if you wish. It is based on based on the historical earning per share growth rate (EPS CAGR) and the price earnings multiples (PE) for the company (over the past ten years) – using this past data, we can forecast the future stock prices beyond five years with a very high degree of certainty - especially for select companies that have an identifiable durable competitive advantage that cannot go away easily in the future decade.
For the past 6-8 months I have been working on short-listing about 100 – 150 good companies – that have a great past and should have a great future. I now have 5 companies that I recommend that you can invest at the current levels. These stocks are expected to give 300% returns in 5 years – over time, I intend to amass about 20 such stocks and I intend to share my recommendations  to you through this blog. These are companies that have: an identifiable durable advantageproducts or services that will not get obsolete in the next 2 decades investment focus solely on it’s core business and does not look beyond in
Having answered a YES in the 11 questions listed in my last blog – the company in question (CRISIL) is in our shortlist for investment – it means that the company has a long term sustainable competitive advantage;
I will share with 14 questions that we need to ask before we invest in any share – these questions describe the way Warren Buffet analyses companies – these questions are not mine – it is from a very popular book called Buffetology by Mary Buffet – she had access to Buffett’s thought process as she was his daughter in law for 12 years and she has described his philosophy of investing in the book - I have tried to follow it since 2003 and it has given me good results. 
In this session, I would like to share with you the basic strategies that Warren Buffet has followed over the past five decades. Warren started out early in life - as a school kid, he made money selling lemonades and having a news paper route. At the age of 14, with his earnings, he bought 40 acres of land and rented it out. In college, he studied Value investing under Benjamin Graham –the father of value investing. Value investing denotes an approach where investors pick up stocks at rock bottom prices.  He went into stock broking after college and by the age of thirty, he was a millionaire. He started Buffet associates in 1962 - over time bought a dying textile mill called Berkshire Hathaway. Using the cash generated from the mill, he slowly invested in other companies – overtime these investments overshadowed th