On Warren Buffett’s Letters-to-Partners

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Investment Theory #1:

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By David Shahrestani

Warren Buffett’s 1957 Letter to Partners In 1956, Warren Buffett concluded his work for Benjamin Graham and returned to Omaha, where he started an investment partnership. This partnership was…

Investment Theory #1: Buffett’s Letters

Conclusion

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One Response

  1. Index it

    Warren Buffett says this simple mistake has cost investors more than $100 billion.

    In his annual letter to shareholders released over the weekend, the Berkshire Hathaway chief executive bashed active fund managers who charge higher fees on the promise that they can do better than the broader market. Buffett said most savers would be better off putting their money in low-cost index funds over the long term, and he estimated that investors wasted roughly $100 billion over the past decade on unnecessary fees.

    http://www.msn.com/en-us/money/savingandinvesting/warren-buffett-says-this-simple-mistake-has-cost-investors-more-than-dollar100-billion/ar-AAnyNUQ?li=BBnbfcN

    Clemson

    Like

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