Oct. 2005 – Money Management Evolves (Gradually)
The answer is D. Who’d a thunk? The sage of Omaha, that venerable value investor, the patron saint of stock pickers, Warren Buffett, is a devotee of index-fund investing. The basic precepts of passive investing are being increasingly adopted, if more subtly, by the investing community. For example, Both Lipper and Morningstar, the biggest names […]
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