Warren Buffett: Normal Way Shouldn't pick Stocks

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I’m a financial advisor, and I try to explain this to people on a daily basis. It’s amazing how many people think they’re going to get rich by not diversifying.

EVP
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How do these people get views with badly worded captions?

drossgamessports
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Index funds are the way to go, for the ignorant investor😀

kevin_pabst
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Views aren't everything. There are layers to growing your subscriber count. And even more then that, having subscribers that actually give a Sht about you. 🤣😂🤣

SycoticSociety
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Literally, just invest in index funds

AustiuNoMatterWho
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What's the sauce? I need more depth.

visid_
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I disagree. The average historical return of the S&P 500 is about 10% I believe. When there are mutual funds that are are 30, 40 years old and even older averaging 12% and some even more, I disagree with index funds being a good idea.

The S&P is up around 4.5 percent over 3 months. In that same three months, there are mutual funds doing much better.

I won a bet where I was supposed to find at least 10 mutual funds that averaged 12% or more over a minimum 30 year period within 15 minutes. I found over the minimum. This is why I refuse to suggest index funds for anyone.

kiethmergard
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Bitcoin is the beginning of something great: a currency without a government, something necessary and imperative.

JoyceBellis