Don’t Bet Against Warren Buffett…Or Index Funds

President Barack Obama and Warren Buffett in the Oval Office, July 14, 2010

I think I could beat Warren Buffett in a footrace.

I might even beat him in a burger-eating contest.

But if he issued an investment challenge, I would turn my tail and run — it would be crazy to bet against Warren Buffett.

But here’s the story of somebody who tried… and lost badly.

Photo: Pete Souza [Public domain], via Wikimedia Commons

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Andrew Hallam

I’m a financial columnist for Canada’s national paper, The Globe and Mail, as well as for AssetBuilder, a financial service firm based in Texas. I’m also the author of Millionaire Teacher: The Nine Rules of Wealth You Should Have Learned in School and Millionaire Expat: How To Build Wealth Living Overseas. My mission is to educate, motivate and inspire people on basic retirement planning and best practices for investing, using evidence-based strategies. I'm happy to comment on your questions.

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