Renowned stock picker Warren Buffett believes investors would be as well off simply buying the stock market as they would owning a stake in Berkshire Hathaway.
Buffett, the chairman and CEO of Berkshire with a personal worth north of $80 billion, has served as a model for a generation of investors with a frugal, bargain-based buying strategy. That's begotten both a no-frills investing philosophy as well as modest Midwestern lifestyle marked by regular trips to McDonald's, a taste for Coca-Cola and folksy business mantras.
Notwithstanding Buffett's value-hunting prowess and dramatic lifetime outperform, Berkshire has over the last 10 years underperformed the S&P 500 — the broad market index that tracks the largest stocks in the American economy. "I think it's the best investment — because most people don't know how to pick stocks. And — most of the time I don't know how to pick stocks," he told CNBC's Becky Quick earlier this year.
SPY
대한민국 최근 뉴스, 대한민국 헤드 라인
Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.
출처: Forbes - 🏆 394. / 53 더 많은 것을 읽으십시오 »