The Risk Behind Buffett’s Advice
- Saturday, March 8, 2014, 18:40
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Warren Buffett’s investment advice echoes the long-term stock investors’ refrain: “Buy and hold.” Further, adopting academics’ (and Jack Bogle’s) beliefs, he advises holding an inexpensive S&P 500 index fund. That sounds easy. And, coming from the master, undoubtedly profitable. We only need to look at a long-term stock index chart to prove the wisdom and ease of following it. But wait…
http://www.forbes.com/sites/johntobey/2014/03/08/the-risk-behind-buffetts-advice/
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