“If returns are going to be 7 or 8 percent and you’re paying 1 percent for fees, that makes an enormous difference in how much money you’re going to have in retirement.”“Costs really matter in investments,” Buffett said during an interview with CNBC in 2017 (5).Paying 1% for a professional to execute sophisticated strategies involving options or exotic assets like private credit might seem justified. But the after-fee performance of many of these funds and strategies can fail to live up to the hype.Meanwhil ...

Key Points In 1957, Buffett, in a letter to limited partners, suggested that 70% of his company's capital was invested in stocks and 30% in corporate work-outs. Some have interpreted this to mean investing 70% of a portfolio in stocks and 30% in bonds, although work-outs seem to suggest special situations, which differ from bonds. Either way, Buffett has given different investment advice to investors based on their experience. 10 stocks we like better than S&P 500 Index › Given that Warren Buffe ...