Dear mrs buffet, about that index fund
Ran across this recently and thought that this group of passive investors would enjoy it.
Dear Mrs. Buffett, About That Index Fund
I hope Warren has many more years upon this earth, for your sake and for the sake of investors everywhere. I am particularly grateful for his recent support of index investing, as he reminded us that a healthy dose of humility is a key ingredient to successful lifelong investing.
“The goal of the non-professional should not be to pick winners—neither he nor his “helpers” can do that—but should rather be to own a cross-section of businesses that in aggregate are bound to do well.” —Berkshire Hathaway Annual Report, 2013
Your husband has spent a lifetime understanding businesses and estimating their worth.
He has earned the right to be snarky about picking winners.
Part-Owner of Texas
Outside of a dog, a book is man's best friend. Inside of a dog, it's too dark to read. Groucho Marx
In dire need of: faster horses, younger woman, older whiskey, more money.