Warren Buffett owns an ETF that could soar 160%. Here’s how ASX investors can get on board
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Exchange-traded funds (ETFs) can be a great wealth-building tool for ASX investors. Warren Buffett’s Berkshire Hathaway is invested in ETFs too.
Warren Buffett is known as being one of the greatest stock pickers in the world, identifying businesses such as Coca Cola, American Express and Apple and making large investments in those companies. Strong investment gains followed.
However, Buffett has been finding it harder to find places to put Berkshire Hathaway’s cash.
Interestingly, Berkshire Hathaway is invested in two different US-listed ETFs that track the S&P 500 Index (SP: .INX), one from Vanguard and one from State Street Global Advisors.
He has also suggested that after he dies, 10% of the remaining…