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Simple, but timeless and invaluable, advice.

Most money managers have to game returns (showing pre-tax, gross of fees, or cherry picking a time period) to show performance on par or in excess of index fund returns.

I would be very curious to learn more about Buffett's thoughts on index funds, whether he has any opinion on market cap weighted versus equal weighted, or S&P 500 versus mid cap and small cap. The returns from some are vastly different than from others, even over long time periods.
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