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Investors do better over time in a low-cost index fund than in a group of hedge funds, on average.

Drawn from what Warren Buffett said

Subjectsstock marketinvesting
What these subjects mean

stock market Equities as a whole: what returns have been, whether prices carry information, and what attention does to them.

investing Putting money into markets on purpose: what a portfolio is for, whether active management earns its cost, and what money is actually a means to.

Interesting
A private bookmark. Not a position, and never counted.

What Warren Buffett actually said

Word for word, with the source under each one. They did not write this page.

  1. Warren Buffett

    Chairman and CEO of Berkshire Hathaway since 1965

    Investors, on average and over time, will do better with a low-cost index fund than with a group of funds of funds.

    Where this was said

    ↗Berkshire Hathaway 2016 Chairman's Letterberkshirehathaway.com

Added to korrents 25 Feb 2017 · How quotes work · Something wrong? Tell us

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