One Simple Investment Strategy Normal People Can Use (Not About Investing in Yourself)
2 min readJan 29, 2024
Almost 90% of investors face the same problem:
They can’t make money.
Because:
- They don’t pick good stocks.
- They try to guess what the market will do.
- They can’t wait.
But, the 4th richest man in the world, Warren Buffett, gave me a simple solution.
You don’t need to:
- Pick stocks by yourself.
- Understand complicated economic issues.
- Have a lot of financial knowledge.
Yep, it’s easier than choosing what to watch on Netflix tonight!
It is the S&P 500.
The Proof
Back then, in 2007, Warren Buffett made a really interesting bet. He said that a simple S&P 500 index fund would do better than special hedge funds picked by experts.
Buffett chose the Vanguard 500 Index Fund Admiral Shares (VFIAX) for his side of the bet.
A hedge fund manager named Ted Seides from a group called Protégé Partners took the bet against Buffett.