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bar1080

12/23/13 12:40 PM

#1153 RE: fung_derf #1151

I mod the BRK board but I don't own the stock. I pretty much plunged into reading about Buffett recently. As a long time investor I know the usual stuff about him of course. But there's a lot I've learned. Plus he's pretty interesting on other levels.

"can you name a better money manager." My index funds have squarely beaten him over the last five years. Perhaps the best manager is no manager. LOL Buying index funds with leverage (which BRK uses) and sticking with that, might produce long-term returns approaching his.

And index funds pay dividends which don't show up on most charts.