Who is Warren Buffett and what did he say about investing in index funds?
Warren Buffett is one of the two richest men in the world. He and Bill Gates (of Microsoft fame) take turns in different years being the richest men in the world. Buffett will probably go down in history as the greatest investor of all time. In 1997, Buffett was quoted as saying Most investors, both institutional and individual, will find that the best way to own common stocks is through an index fund that charges minimal fees.