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Wouldn't those guys inspire some people to spend huge amounts of time researching, stock-picking companies you can understand with moats and good management teams, trying to buy when blood in the water, oddly favor junk food, etc.?

Jack Bogle would have you park it in a balance of broad index funds, and generally don't touch it, nor even think about it:

https://www.bogleheads.org/wiki/Bogleheads%C2%AE_investment_...




Considering Buffett challenged hedge funds that they couldn’t beat S&P500 index funds over a decade, I‘d say they‘re both on the same page:

https://www.investopedia.com/articles/investing/030916/buffe...


Yep, and IIRC Buffet suggested S&P for wife's investments. His research-heavy investment, and ideas around stock-picking, seems to be how he wants to spend his time.

So, if trying to steer people away from obsessing about growing/hoarding more money than they'll ever need... maybe just steer away from Buffet altogether, and towards Bogle.

(Bogleheads can also become a time-consuming activity, but more likely to instill the message of just stuffing it in total-market index funds, keep it boring, and don't think about it.)


Yes, once. And then they would tell you to leave it alone, and not think about it, at all, for 30 years.




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