kdwill

Buffett's Advice to the Berkshire Faithful: Buy Index Funds

Bearfund is merely ranting with the same anti-index nonsense regarding the mix of weak companies in an index. His ideas are beyond wrong at best. Imagine -- an expert at fundamentals, technicals (entry points, etc. blah blah). And imagine the huge number or RIGHT decisions he must make year after year to pay for the tax and turnover costs (assuming he makes no purchase decisions for which he must also pay). He must be on the Forbes 400 under a pseudonym. LOL