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Warren Buffett on Index Funds
Staff Reporters
Did you know that over 31,000 investors flocked to this year’s annual meeting for Warren Buffet’s Berkshire Hathaway – also referred to as “Woodstock for Capitalists?”
Assessment
And when a shareholder asked for the single-best specific investment idea that Warren Buffett could recommend to an individual in his 30s, Buffett said:
“I would just have it all in a very low-cost index fund from a reputable firm, maybe Vanguard. Unless I bought during a strong bull market, I would feel confident that I would outperform … and I could just go back and get on with my work.”
Conclusion
What is your personal index fund strategy; do you even have one?
Related Information Sources:
Practice Management: http://www.springerpub.com/prod.aspx?prod_id=23759
Physician Financial Planning: http://www.jbpub.com/catalog/0763745790
Medical Risk Management: http://www.jbpub.com/catalog/9780763733421
Healthcare Organizations: www.HealthcareFinancials.com
Health Administration Terms: www.HealthDictionarySeries.com
Physician Advisors: www.CertifiedMedicalPlanner.com
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Filed under: Investing, Portfolio Management |
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I agree with Warren
Now; if he would only take his own advice – forget the derivatives exemption – and get back to his own work.
https://medicalexecutivepost.com/2010/04/28/warren-buffett-a-longtime-derivatives-critic-lobbies-for-an-exemption/
Samanth
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