Berkshire Hathaway Inc (BRK.B)

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That post shows you know the smart way to invest but you often stray!

I always tell my two sons that investing SHOULD be boring. When deciding between two courses, go for the boring one. The problem I have now is my kids aren't interested in stocks. They've always had money. They're content to let Dad handle the investing. They know I've generally done well in the market and certainly better than their 30-ish year old friends, who mostly chase fads like many new investors.

A key question is WHY do index funds outperform most active management. Index funds don't fall for fads. They don't panic when headlines turn ugly. They don't chase the latest cool gadget (like VTOL). They're tax efficient by trading very little. Index funds never attend cocktail parties to chatter about their newest cool investment. I mix in a few other factors such as only buying large/mega caps to increase survivability in recessions. And -- with a CPA for a son -- I only buy the strongest Big Four audited stocks.

Finally, I ask myself, is this a stock Warren or Charlie would buy?