Buffett on hiring Consultants

[eta2020]

“Supposedly sophisticated people, generally richer people, hire consultants, and no consultant in the world is going to tell you ‘just buy an S&P index fund and sit for the next 50 years.’ "

Warren Buffett’s Epic Rant Against Wall Street - MoneyBeat - WSJ

Looks like most of us here are doing something right.

 

[Greencheese]

I can neither confirm nor deny your suspicions... until you hire me as a consultant of course.

 

[travelover]

Yea, but this time it is different.

 

[Totoro]

Not sure if this was Warren Buffett, but it sure sounds like him:

Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway.

http://www.brainyquote.com/quotes/quotes/w/warrenbuff409213.html

 

[Ed_The_Gypsy]

Sounds like Groucho Marx

Sent from my SM-G900V using Early Retirement Forum mobile app

 

[ls99]

Where are the client's Yachts? Oh, they can't afford them, brokerage fees, you know.