FOR INDIVIDUALS NOW WHEN IT PERTAINS TO SAVING. >> > > I BELIEVE'IT ' S THE VERY SAME THING THAT MAKES MANY SENSE HONESTLY ALL OF THE TIME, AND THAT IS TO REGULARLY ACQUIRE AN S&P 500 AFFORDABLE INDEX FUND. KEEP PURCHASING IT THROUGH THICK AS WELL AS THIN, AND ESPECIALLY THROUGH THIN. SINCE THE LURES OBTAIN– WHEN YOU SEE POOR HEADLINES IN PAPERS, MAYBE TO SAY WELL PERHAPS I OUGHT TO MISS A YEAR OR SOMETHING. SIMPLY KEEP ACQUIRING. AMERICAN COMPANY IS GOING TO DO PENALTY OVER TIME. SO YOU KNOW THE INVESTMENT WORLD IS GOING TO DO QUITE POSSIBLY. THE DOW JONES INDUSTRIAL AVERAGE WENT FROM 66 1,497 IN ONE CENTURY, AS WELL AS SINCE THAT CENTURY HAS ACTUALLY FINISHED, IT'' S ESSENTIALLY INCREASED ONCE MORE. AMERICAN COMPANY IS G. THE TRICK IS NOT TO CHOICE THE RIGHT BUSINESS, IT'' S TO BE– BECAUSE LOTS OF PEOPLE AREN ' T GEARED UP TO ACCOMPLISH THAT. AS WELL AS LOTS OF TIMES I MAKE ERRORS. THE METHOD IS TO ESSENTIALLY BUY ALL THE BIG COMPANIES WITH THE SFUND AS WELL AS TO PERFORM IT CONSTANTLY, AND TO DO IT IN An EXTREMELY, EXTREMELY INEXPENSIVE WAY.BECAUSE COSTS REALLY MATTER. AS WELL AS INVESTMENTS, IF RETURNS ARE GOING TO BE 7% OR 8%AND YOU ARE PAYING 1% THROUGH COSTS, THAT MAKES AN MASSIVE DISTINCTION IN HOW MUCH MONEY YOU CARRY RETIRED LIFE. > > AT THE ANNUAL MEETING FOR BERKSHIRE HATHAWAY THIS YEAR, YOU PRESENTED A SPECIAL VISITOR TO THE AUDIENCE OF 40,000 SHAREHOLDERS WHO WERE VIEWING. IT WAS JACK VOGEL. WHY DID YOU INTEND TO RECOGNIZE JACK VOGEL? > > I BELIEVE JACK VOGEL HAS DONE EVEN MORE FOR AMERICAN INVESTORS THAN ANY OTHER INDIVIDUAL GOTTEN IN TOUCH WITH WALL SURFACE ROAD OR T SINCE WITH A NUMBER OF OTHER PEOPLE WE CREATED THE SUGGESTION, HE WASN ' T THE SOLE THINKER BEHIND IT BUT HE WAS THE GUY WHO EXECUTED IT AND CRUSADED FOR CURRENTLY TRILLIONS OF DOLLARS IN AFFORDABLE INDEX FUNDS. LOTS OF PEOPLE ARE GOING TO HAVE BETTER LIVES, BETTER RETIRED LIVES, THEIR KIDS ARE.
BECAUSE THE LURES GET– WHEN YOU SEE NEGATIVE HEADLINES IN PAPERS, MAYBE TO SAY WELL POSSIBLY I NEED TO MISS A YEAR OR SOMETHING. > > AT THE YEARLY CONFERENCE FOR BERKSHIRE HATHAWAY THIS YEAR, YOU INTRODUCED An UNIQUE GUEST TO THE AUDIENCE OF 40,000 INVESTORS WHO WERE WATCHING. > > I THINK JACK VOGEL HAS DONE MORE FOR AMERICAN INVESTORS THAN ANY OTHER INDIVIDUAL LINKED WITH WALL SURFACE ROAD OR T DUE TO THE FACT THAT WITH A NUMBER OF OTHER PEOPLE WE CAME UP WITH THE SUGGESTION, HE WASN ' T THE SOLE THINKER BEHIND IT BUT HE WAS THE GUY THAT IMPLEMENTED IT AS WELL AS CRUSADED FOR CURRENTLY TRILLIONS OF DOLLARS IN LOW COST INDEX FUNDS.