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bar1080

10/22/19 1:23 PM

#15056 RE: gfp927z #15055

"Warren Buffet [sic], although even he has been lagging the S+P 500 for years."

BRK has lagged the S&P (slightly) mostly because of its huge cash hoard of over $110 billion. The S&P index is always 100% in stocks. Two big stinkers, WFC and Kraft, didn't help BRK's performance. Those two mostly had marketing rather than financial problems.

NO ONE would consider WB to be an expert of food trends, for example. He's been sustained by Coke and McD breakfasts for ages. And perhaps Kraft's Macaroni and Cheese.

BRK has always thrived in weak markets.

ombowstring

10/22/19 2:55 PM

#15058 RE: gfp927z #15055

ETF's and index funds are probably the safest and best way to go over the long run. Slow and steady wins the race. The worst case scenario, though, is if the markets tank, ETF's and index funds will fall along with them.

I keep looking for the home run, walk-off style, to win the World Series, much like I played baseball and softball. I was a power hitter, not a singles guy.