Financial Advice

Out of context: Reply #18

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  • vaxorcist0

    In Warren Buffett's 2014's letter "To the Shareholders of Berkshire Hathaway Inc.," (page 20) Buffett revealed his instructions in his will to the trustee for his wife's benefit: "Put 10% ... in short-term government bonds and 90% in a very low-cost S&P 500 index fund. (I suggest Vanguard’s.) I believe the trust’s long-term results from this policy will be superior to those attained by most investors – whether pension funds, institutions or individuals – who employ high-fee managers."

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    • http://longbets.org/…
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    • An interesting read from both sides.
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    • Brk B shares have been fantastic for me, Brk A's if you got moneyformed
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