Warren Buffett said 90% of his wife's inheritance will go into this one investment, and it's not Berkshire Hathaway

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':"";if(a){var r=n.promos.showYahooLogo?"":"yns-no-logo";a=a.replace("{notifOnboardBtnLabel}",n.promos.notifOnboardBtnLabel).replace("{notifOnboardMsg}",n.promos.notifOnboardMsg).replace("{subscriptionTopic}",n.promos.subscriptionTopic).replace("{noLogoClass}",r).replace("{promoLogo}",n.promos.promoLogo)}var s=t.newCount>n.panel.maxCount?t.newCount:"",c=n.panel.notificationCenterPath,l=c?"":R,u=n.panel.headerMsg?"":" "+R,d=c?H:"",p=void 0;t.count?p=t.markup:p='{emptyPanelMsg}'.replace("{emptyPanelMsg}",n.panel.emptyPanelMsg);return e=e.replace("{notifMarkup}",p).replace("{promoMarkup}",a).replace("{hideClass}",l).replace("{notifCenterLink}",c).replace("{paddingClass}",d).replace("{headerMsg}",n.panel.headerMsg).replace("{hideHeaderClass}",u).replace(/{notificationCenterNavMsg}/g,n.panel.notificationCenterNavMsg).replace(/{newCount}/g,s)}},{key:"render",value:function(e,t){var n=this;if(n._panelNode){var o=void 0,i=n._panelNode,a=void 0,r=void 0;switch(e){case"expanded_panel":o='{promoMarkup}{notifMarkup}',r=n._store.getNotifications(),a=n._generatePanelMarkup(o,r),i.innerHTML=a;break;case"error_panel":a=(o='{errorMsg}').replace("{errorMsg}",n._config.panel.errorMsg),i.innerHTML=a}t&&t()}else t&&t(new Error("No panel parent"))}},{key:"createPanelParentNode",value:function(e){e&&(e.innerHTML='',this._panelNode=document.getElementById(P))}},{key:"updateBadgeNode",value:function(e){if(e){var t=this._store.getNotifications().newCount,n=this._config.badge.maxCount;if(t){var o=t>n?n+"+":t;e.innerHTML=o}else e.innerHTML=""}}},{key:"addStyles",value:function(e){if(e&&"undefined"!=typeof window){var t=document.getElementById(this._config.panel.styleTagId);t||((t=document.createElement("style")).type="text/css",t.id=this._config.panel.styleTagId,t.innerText=e,document.head.appendChild(t))}}}]),e}(),j=function(){function e(t,n,o){E(this,e);var i=this;i._store=n,i._view=o,i._config=t;var a=i._config.panel;i._panelParentNode=document.querySelector(a.parentSelector),i._badgeNode=i._config.badge.selector&&document.querySelector(i._config.badge.selector),i._indicatorNode=a.indicatorSelector&&document.querySelector(a.indicatorSelector)}return k(e,[{key:"createPanelParentNode",value:function(){this._view.createPanelParentNode(this._panelParentNode),this._notifPanelNode=document.getElementById(P)}},{key:"refreshPanelNode",value:function(e,t){var n=this;x(n._notifPanelNode,D),n._store.fetchNotifications(e,(function(e,o){var i=window.wafer&&window.wafer.base;i&&i.destroy(n._notifPanelNode),e?n._notifPanelNode.innerHTML||(n._view.render("error_panel"),x(n._notifPanelNode,D)):(n._view.render("expanded_panel"),n._view.updateBadgeNode(n._badgeNode),n._showBadge(),n._showIndicator(),n._view.addStyles(o.css)),N(n._notifPanelNode,D),i&&i.sync(n._notifPanelNode.parentNode),t&&t(e,o)}))}},{key:"resetBadge",value:function(){var e=this;e._store.resetNewCount(),e._view.updateBadgeNode(e._badgeNode),x(e._badgeNode,e._config.badge.hideClass)}},{key:"_showIndicator",value:function(){this._indicatorNode&&(this._store.getNotifications().newCount?x(this._indicatorNode,this._config.panel.indicatorClass):N(this._indicatorNode,this._config.panel.indicatorClass))}},{key:"_showBadge",value:function(){var e=this;e._store.getNotifications().newCount?N(e._badgeNode,e._config.badge.hideClass):x(e._badgeNode,e._config.badge.hideClass)}}]),e}(),Y={promos:{eligibleBodyClass:"display-push-promos",enableNotifOnboard:!0,bypassEligibleClassCheck:!1,notifOnboardBtnLabel:"Notify Me",notifOnboardMsg:"Get alerts for breaking news and top stories",promoLogo:"https://s.yimg.com/cv/apiv2/ae/news/circle_bell.png",showYahooLogo:!0,subscriptionTopic:"gondor_homerun_news"},badge:{hideClass:"",maxCount:5,selector:""},panel:{emptyPanelMsg:"You have no new 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n=e.getConfig();"smartphone"===n.device&&("finance"===n.property&&"crunch"===n.ytheme&&e.addElementListener(t.searchInput,"click",(function(){var n,o;n="search_input_focus_click",null!==(o=re())&&(oe[n]||(oe[n]=o)),e.addElementListener(t.searchForm,"click",(function(){if(t.ybar){if(t.ybar.classList.contains("ybar-searchbox-assist-fullscreen"))return;t.ybar.classList.add("ybar-searchbox-assist-fullscreen"),t.ybar.classList.add("ybar-searchbox-assist-fadein")}if(!document.documentElement.classList.contains("ybar-overlay")){document.documentElement.classList.toggle("ybar-overlay"),document.body.classList.add("ybar-overlay-noscroll");te("ybar","websrch","",{elm:"expand",subsec:"searchbox",itc:"1"})}}))})),e.addElementListener(t.searchBoxPlaceholder,"click",(function(){zt(e,t)})),e.addElementListener(t.searchBoxPlaceholder,"keydown",(function(n){var 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From 1964 to 2023, Berkshire delivered an overall gain of 4,384,748%.Given that astonishing track record, one might assume that Buffett would want this successful trajectory to continue through his estate after his passing. However, the Oracle of Omaha has a different plan in mind.Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's howDave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake — here’s what it is and 3 simple steps to fix it ASAPGet early access to privately-held AI companies with Fundrise Venture Capital for as little as $10. Join 350,000+ investors todayIn his 2013 letter to Berkshire shareholders, Buffett shed light on the directives he has included in his will.“One bequest provides that cash will be delivered to a trustee for my wife’s benefit,” he wrote. “My advice to the trustee could not be more simple: Put 10% of the cash in short-term government bonds and 90% in a very low-cost S&P 500 index fund.”While this strategy is straightforward and doesn't require constant monitoring or active trading, Buffett expressed a significant amount of confidence in it.Here are a few ways you can take Buffett’s advice and apply it to your own portfolio.Buffett’s preference for recommending index funds stems from his belief that stock picking is not an optimal strategy for average investors.At the 2021 shareholders meeting, he stated frankly, “I do not think the average person can pick stocks.”This is where index funds come into play. They can be a passive investment strategy accessible to everyone — even those without Buffett’s wealth.In fact, even your digital nickels and dimes will suffice. There’s a popular app called Acorns that invests your spare change for you automatically.All you need to do is sign up and link your cards, which just takes a couple of minutes. Then it’ll round up your recent purchases to the nearest dollar and invest the difference — your spare change — in a diversified portfolio.This effortless strategy offers a practical and low-barrier entry into the world of investing.It’s worth noting the S&P 500, Buffett's preferred index fund for low-cost investing, surged 24% in 2023. By investing in an S&P 500 index fund, investors get exposure to 500 large companies across various industries.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P 5006,902.10 -61.64 (-0.89%)Dow 3049,025.87 -166.12 (-0.34%)Nasdaq23,369.28 -340.59 (-1.44%)Russell 20002,635.98 +2.87 (+0.11%)VIX17.38 +1.40 (+8.76%)Gold4,642.40 +43.30 (+0.94%)Trending tickersBTC-USD Bitcoin USD 96,716.77 +3,233.96 (+3.46%)ROLR High Roller Technologies, Inc. 28.16 +24.64 (+713.71%)C Citigroup Inc. 111.51 -4.79 (-4.12%)BAC Bank of America Corporation 52.30 -2.24 (-4.11%)RIVN Rivian Automotive, Inc. 17.20 -1.65 (-8.75%)PortfolioSign in to access your portfolioSign inTop gainersCRML Critical Metals Corp. 17.85 +4.33 (+32.03%)BTDR Bitdeer Technologies Group 14.66 +1.89 (+14.80%)VKTX Viking Therapeutics, Inc. 35.12 +4.43 (+14.42%)ERAS Erasca, Inc. 8.43 +0.92 (+12.26%)UEC Uranium Energy Corp. 17.33 +1.78 (+11.45%)Top losersTCOM Trip.com Group Limited 62.05 -13.64 (-18.02%)PI Impinj, Inc. 177.65 -21.89 (-10.97%)DAVE Dave Inc. 187.51 -24.21 (-11.43%)NAVN Navan, Inc. 15.52 -1.73 (-10.03%)VIA Via Transportation, Inc. 24.19 -2.68 (-9.97%)Most activeINTC Intel Corporation 48.51 +1.22 (+2.57%)NVDA NVIDIA Corporation 181.85 -3.96 (-2.13%)PLUG Plug Power Inc. 2.3302 +0.0502 (+2.20%)ONDS Ondas Holdings Inc. 13.12 -0.77 (-5.54%)BBAI BigBear.ai Holdings, Inc. 6.06 -0.03 (-0.49%)Top economic eventsEarnings eventsMy earnings eventsEarnings events