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Investing 2: Index Funds & The Bet

Planet Money Summer School

CHAPTER

Warren Buffet's Bet on the Next Warren Buffet

In a public letter last year, buffet described the instructions for the money he's leaving to his wife and his will. He said to invest almost all of it in low cost s, an p 500 index fundlots of people are taking warren buffet's advice. There are now trillions of dollars in index funds, but thereare any trillions more in funds where people are being paid to fix stocks.

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