Subject: Re: The Berkshire Problem
"If 90% S&P500 is good enough for his wife once he passes, why not for BRK?"

And by extension if it's good enough for BRK, it's good enough for us. Who needs Berkshire to exist?




I think this is in the category of "What to tell the surviving spouse who has no knowledge of-- or interest in -- investing how to handle their inherited investments after you are gone."


William Bernstein: "If money management is not enjoyable, then a lousy job inevitably results, and, unfortunately, most people enjoy finance about as much as they do root canal work."