What Warren Buffett thinks about government
Chairman and CEO of Berkshire Hathaway since 1965, and its majority shareholder; wrote its annual shareholder letters himself for six decades.
Warren Buffett did not write this page.
We collected these quotes from things they published elsewhere, and every quote links to where it was said. They have no account here and have not endorsed this site. Quotes are word for word; the short line under each one is our own restatement, not their wording. Their own site. Is this you? Claim it or ask us to remove it. Or tell us what is wrong here.
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1 dated position, 2014, in their own words. Our reading of what Warren Buffett has said — not written or endorsed by them.
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Their wordsMy advice to the trustee could not be more simple: Put 10% of the cash 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.
↗Berkshire Hathaway 2013 Chairman's Letterberkshirehathaway.com