Re: How is our Portfolio?
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financial advisors (the poo-bahs in this forum certainly have more faith in them than in fund managers).
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Taken out of context, I don't think this statement is true.
If you have a decent sized portfolio to invest, and know virtually nothing about the markets, a conversation with a financial advisor that can evaluate YOUR specific situation, and guide you in thinking about all necessary issues, is certainly useful... But, it is only a starting point!
To anyone that is looking to have a nice sized nest egg built up by the time they retire, investing the time to learn more about the markets is +EV.
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BRK.A > BRK.B > financial advisors > index funds > fund managers
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First, financial advisors and fund managers aren't products that you can invest in... their suggestions or products are... so they don't really fit in this equation.
Second, the specific ranking of investment options will vary based on many varied and specificly individual factors.
Finally, while some of the posters here are very serious supporters of Buffett, I don't think they would blanket recommend that everyone put their whole port in Berkshire stock!
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