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

Group 1 - Warren Buffett has achieved an overall gain of 4,384,748% for Berkshire Hathaway shareholders from 1964 to 2023 [1] - Buffett's estate plan includes a directive for his wife, advising the trustee to allocate 10% of cash to short-term government bonds and 90% to a low-cost S&P 500 index fund [3] - Buffett believes that stock picking is not optimal for average investors, advocating for index funds as a more accessible investment strategy [5] Group 2 - The S&P 500 index fund, favored by Buffett, experienced a 24% surge in 2023, providing exposure to 500 large companies across various industries [7] - The Acorns app allows users to invest spare change automatically, making investing accessible to those with minimal funds [6]