The Good News Economist

More Thoughts on 'The End of the Financial World as We Know It'

>low-cost passive investment alternatives are widely available.

And history shows that they are the only sure bet.

There is a reason that Buffet is winning at this game called Monopoly.
mast-economy.blogspot....

Look around at the ads that you see on Seeking Alpha and anywhere else talking about finance and investing... will you see a picture of an
very expensive active investment manager?

No, you'll see the smiling mug of Warren. Perfectly content with his 2008 portfolio that is now down 30-40% last year. In fact if you look closely at his face, you will notice that he is laughing. Why?

"I can't believe how easy this passive investing is."