Tracy Chen
commented on
The "Oracle of Omaha" Warren Buffett has repeatedly emphasized at the annual meetings of Berkshire Hathaway:
"I think the best thing for most people is to own an S&P 500 index fund."
"People spend a lot of money buying stock-picking advice, but they don't need it. If you bet on America and hold your position for decades, then your return will be much better than buying Treasury bonds, and much better than those who...
"I think the best thing for most people is to own an S&P 500 index fund."
"People spend a lot of money buying stock-picking advice, but they don't need it. If you bet on America and hold your position for decades, then your return will be much better than buying Treasury bonds, and much better than those who...
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Tracy Chen fish : You didn't read his article, his summary is very clear:
In the short term, the stock market is a voting machine, but in the long run, it is a weighing machine. From a long-term investment perspective, the S&P 500 Index provides an unmatched risk-return ratio, making it one of the most attractive assets for investors seeking wealth accumulation.
So whether it's 2023, 2024, 2003, or 2013, it doesn't matter.