Warren Buffet, the world's richest investor and his partner Charlie Munger weigh in on crypto:



https://twitter.com/Stephen_Geiger/s...02421129416706





Buffet bet every single person working in the hedge fund industry a million dollars that he could invest his money in a standard index fund for ten years and they could invest their million in any hedge fund for a decade and the one who earned the greatest return would pay the other one a million. Only one guy took him up on his offer which tells you everything you need to know about the hedge fund industry right there and also how you should invest your money. You can read about it if you're interested.


The fund that both Warren and Kirkland agree you should invest your money is a Vanguard S&P 500 index fund. You work out which one. Put it in there and forget about it. Let it appreciate for decades.









This came out in 1980. It's the second biggest selling album of all time. If you'd put $10 000 in the Vanguard fund the day this came out you'd be a millionaire now. Invest your pennies and have a nice retirement. And read up about the guy who started Vanguard. He set up the world's first socialist investment fund and it's now the biggest in the world. If he'd charged people even a small fee he'd have made many billions.