This Unstoppable Warren Buffett ETF Would Have Quadupled Your Money Over the Last Decade
It's still a great option for the retail investor.
Warren Buffett's investment advice has consistently emphasized the benefits of a simple, diversified approach. Over the past decade, following his recommendation to invest in an S&P 500 index fund would have quadrupled your money. Despite his own meticulous analysis of individual businesses, Buffett believes that retail investors do not need to engage in such detailed evaluations.
Instead, he advocates for owning a cross-section of businesses that, combined, are likely to perform well. The key, according to Buffett, is not to pick individual winners, but rather to invest in a broad range of companies that make up the U.S. economy. For this reason, he recommended the Vanguard S&P 500 ETF (VOO), a low-cost index fund that offers just such a diversified investment opportunity.
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