5min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

TIP521: Warren Buffett's Shareholder Letters

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

I Don't Need an Opinion on Every Single Stock

Buffett doesn't recommend others to purchase individual stocks. He recommends simply buying a low-cost index fund that owns a diversified set of American businesses such as the S&P 500. In order to increase his win rate with his investments and certainty of making money, Buffett wants to own businesses that are unlikely to experience major change.

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