InspiringQuotes

Warren Buffett Quotes:

Ocupation: Investor

Life: b. August 30, 1930

Birthday: August 30

The commission of the investment sins listed above is not limited to 'the little guy.' Huge institutional investors, viewed as a group, have long underperformed the unsophisticated index-fund investor who simply sits tight for decades. A major reason has been fees: Many institutions pay substantial sums to consultants who, in turn, recommend high-fee managers. And that is a fool's game.

- Warren Buffett

source: "Here are the 6 things Warren Buffett considers when making an investment" by Jeremy Schwartz, www.businessinsider.com. March 14, 2015.

topic: Games, Long, Guy, Index Funds

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