Should You Buy Berkshire Hathaway or This S&P 500 ETF?
Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) and the Vanguard S 500 ETF (NYSEMKT: VOO) are both stable, long-term investments. Berkshire Hathaway, a struggling textile maker that Warren Buffett transformed into a massive conglomerate over the past six decades, is invested in nearly 50 stocks and ETFs. The Vanguard S 500 ETF, which was launched in 2010, passively tracks the performance of the S 500 index with a low expense ratio of 0.03%.
If investors simply buy these two tickers and hold them for a few decades, there's a good chance they'll outperform most of their stock-picking peers. But if you can only pick one, should you stick with the Oracle of Omaha, or just invest in the S 500?
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Source Fool.com