“The real question is: ‘Has the 10-year or 20-year outlook for American businesses changed in the last 24 or 48 hours?’” said the billionaire.
Often simply buying the least expensive fund in the category can be a reasonable rule of thumb, so what did this research uncover?
Buffett’s annual letter of intrigue arrived Saturday morning, a roundup of thoughts that the Oracle of Omaha has been publishing for six decades.
A basket of the 50 most-popular stocks among individual investors has rallied 13% this year, compared with an 8% gain for a gauge of hedge favorites.