“By periodically investing in an index fund, the know-nothing investor can actually out-perform most investment professionals.” Warren Buffet
Warren E. Buffett, Chairman and CEO of Berkshire Hathaway Inc., and Charlie T. Munger, Vice Chairman of Berkshire Hathaway Inc., provide “A Wealth of Wisdom” in this CNBC video:
https://youtu.be/rQJWHocG-50
Berkshire owns American-based property, plant and equipment – the sort of assets that make up the “business infrastructure” of the U.S. – with a GAAP valuation exceeding the amount owned by any other U.S. company. Berkshire’s depreciated cost of these domestic “fixed assets” is $154 billion.
Billionaire Warren Buffett: The "one easy way" to increase your worth by 50 percent. (via @CNBCMakeIt) https://t.co/Jl0gzdLmHO
— CNBC (@CNBC) June 28, 2021
References: