Buffett Advocates Index Funds

As this Wall Street Journal article notes, Warren Buffett once again took time at the Berkshire Hathaway annual meeting to recommend individual investors, even the wealthiest, buy index funds as opposed to actively-managed mutual funds and hedge funds. Buffett’s argument is simple, and backed by reams of historical data showing active mutual funds and hedge funds consistently fail to overcome the hurdle of higher fees.

Link¬† |¬† Warren Buffett’s Epic Rant Against Wall Street (Wall St. Journal)

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