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Well of course not. If I remember correctly, his advice of indexing was what he would say to his wife if he died and she needed to take over the family assets.
by acconrad 9y ago
Well of course not. If I remember correctly, his advice of indexing was what he would say to his wife if he died and she needed to take over the family assets. His advice is for the 99% of individuals who don't really understand/care about researching the stock market. The other 1% are working at firms like Berkshire Hathaway.
- jogjayr 9y ago> The other 1% are working at firms like Berkshire Hathaway. Berkshire Hathaway is a conglomerate owning a wide variety of businesses. Not every employee working there is a finance whiz.
- wwalser 9y agoWhile misleading titles are annoying they do serve as a sort of test to determine which commenters have read the article.
- valuearb 9y agoThe number of people who understand how to research and value investments is far less than 1%. And even knowing those two things doesn’t magically give you the right temperament to be able to make the right and tough choices needed to succeed at it.