Warren Buffet 37 years later: “Buy index funds” https://www.washingtonpost.com/business/economy/warren-buffetts-hot-investment-tip-for-you/2019/03/01/534b83fe-3aaa-11e9-a06c-3ec8ed509d15_story.html

Using Warren Buffet as a data point for how smart/hard-working investors can beat the market is the same as me saying “if I work hard as Micheal Jordan, I can be in the NBA”.

If modern portfolio theory is wrong there would be piles of peer-reviewed academic research that back that up. If you could only point me in the direction of that academic research, I’ll gladly reconsider.

I’m not giving my opinion, I am summarizing the results of research from Financial Economists like Eugene Fama (Nobel prize winner).

Sharing personal finance lessons I’ve learned on my journey from debt to Financial Independence. Join the Financial Mentor Program: https://bit.ly/35WV7Az

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store