Warren Buffett's Investment Advice: Holding Large Companies via S&P 500 and Long-term Investing
SPYM State Street SPDR Portfolio S&P 500 ETF
$89.45 -0.53%
View chart & analysis → - 1In a 2017 interview, Warren Buffett said the secret is buying all large companies through the S&P 500 and doing so consistently.
- 2JPMorgan Chase stated that investors who missed the 10 best-performing trading days recorded 60% of their returns.
- 3Berkshire Hathaway recorded a total return of 5,502,284% from 1964 to 2024.
So what's the key point?
Warren Buffett said the secret is investing in an index that collects large companies and waiting for a long time. This means missing the 10 best days can result in losing 60% of total returns.
Source The Motley Fool +1 · View original ↗
Nothing hidden: past picks and how they did against the S&P 500.