Warren Buffet has advised the use of index funds for investors who don't have the time and money to investigate in details which investments to make. Warrent Buffet is a proponent of value-based investment, which seeks to invest in assets which have good underlying financials. This is evidenced by the Warren Buffet quote: “If you aren’t willing to own a stock for 10 years, don’t even think about owning it for 10 minutes.”.
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