No. of Recommendations: 1
I have an even more brilliant idea, a fake post that the company might respond too!
I Warren Buffett, in view of the current valuation of SPY, no longer believe it's prudent for retired investors to be 90 percent SPY. I have so much confidence in the management team I handpicked to follow me, I now believe it's more prudent to be 50 % spy 50 % brkb.
This portfolio should be less volatile and better diversified than all in SPY at this time, going forward.
Your Loving Uncle,
Warren Buffett.
Let's see if Buffett feels an obligation to update his all in SPY advice from decades ago.
