In a country where investors are obsessed by multibagger returns, investing in index funds as recommended by legendary investor Warren Buffett on the sidelines of Berkshire Hathaway's annual shareholder meeting over the weekend.
Warren Buffett says owning a low-cost index fund is much better than owning shares in his own company, Berkshire Hathaway Inc. and that is the advice he is offering his wife, in the event of his death.
Well, don’t tell your wife to buy index funds in India because in all likelihood they would not be able to beat returns of other actively mutual funds, atleast that’s what history suggests.
Warren Buffett says owning a low-cost index fund is much better than owning shares in his own company, Berkshire Hathaway Inc. and that is the advice he is offering his wife, in the event of his death.
Well, don’t tell your wife to buy index funds in India because in all likelihood they would not be able to beat returns of other actively mutual funds, atleast that’s what history suggests.
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