“If you invested in a very low cost index fund — where you don’t put the money in at one time, but average in over 10 years — you’ll do better than 90% of people who start investing at the same time.”

Berkshire Hathaway Annual Meeting (2004), as quoted at The Buffett http://www.thebuffett.com/quotes.html

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Warren Buffett 146
American business magnate, investor, and philanthropist 1930

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