Subject: Re: Buffett/Munger have been dead WRONG on gold
Sometimes the conversations on this board are worthy of an HBO comedy special,
"Nearly 90% of funds underperformed the S&P 500 over a 10-year period, according to SPIVA Scorecards. This statistic highlights the challenges faced by professional money managers in consistently outperforming the market. "
Have T and T beat spy the past 10 years?
Did Buffett win the bet vs the hedge fund elite on beating spy?
When it comes to managing our cash has Buffett beat SPY the past 10 years?
Has brkbs buyback policy and timing been optimum the past 20 years?
The 64 Billion dollar question is, does Buffett still believe it would be prudent for a 65-year-old retiree or any investor to be 90 percent SPY 10 percent cash?
I think not but who knows IF he has one more serious interview in him?
Trade away and market time your little hearts out kids.