Warren Buffet still owns 6% of Berkshire Hathaway. Maybe a more correct statement would be "If you have money you don't immediately need to spend, it is much ea

Warren Buffet still owns 6% of Berkshire Hathaway. Maybe a more correct statement would be "If you have money you don't immediately need to spend, it is much easier to have a long time frame for investing". Hopefully the money in people's retirement accounts is this type of money. Most money managers have extremely short time frame investment horizons and are just looking to get their 2 and 20.