Subject: Re: Beating the market
Buffett has had an Huge impact on my lack of interest in fixed income
In my case it was not a huge impact, but I admit to feeling validated when I learned about the "Buffett Port": 90% equities, 10% short bonds. I justify my current bond allocation to myself because it represents about 10% of my cash account (though a far smaller fraction of total assets, most of which are in tax deferred accounts).
I plan to trend toward the Buffett Port for real in years to come, but I'm still working, and as long as I am I'm sure I will remain a net buyer of stocks.
Baltassar