The 1 Vanguard ETF That Warren Buffett's Recent Remarks Suggest He Would Buy Right Now

Warren Buffett is unquestionably 1 of the astir celebrated investors successful the world. For decades, radical person flocked to Berkshire Hathaway's (NYSE: BRK.A)(NYSE: BRK.B) yearly meetings to perceive what helium has to accidental astir the marketplace and the economy.

During those meetings (and successful galore different venues), Buffett has agelong suggested that astir radical should instrumentality a overmuch simpler attack to investing than helium does: a set-it-and-forget strategy that focuses connected large-cap U.S. equities via scale funds.

For example, astatine a property league pursuing Berkshire's 2007 yearly meeting, Buffett said that "a precise low-cost scale is going to bushed a bulk of the amateur-managed wealth oregon professionally managed money." Which scale is Buffett referring to? The S&P 500 (SNPINDEX: ^GSPC).

Not lone has Buffett's penchant for the S&P 500 been clear, truthful excessively has his penchant for which S&P 500 money helium likes best: the Vanguard S&P 500 ETF (NYSEMKT: VOO).

The champion mode to justice someone's condemnation successful an concern prime is whether oregon not they really put successful it. In that vein, here's what Buffett wrote successful his 2013 missive to Berkshire Hathaway shareholders, regarding the instructions helium had near successful his volition for the absorption of the wealth helium would permission to his wife:

"My proposal to the trustee could not beryllium much simple: Put 10% of the currency successful short-term authorities bonds and 90% successful a precise low-cost S&P 500 scale fund. (I suggest Vanguard's.) I judge the trust's semipermanent results from this argumentation volition beryllium superior to those attained by astir investors."

You truly can't beryllium overmuch clearer than that.

But let's instrumentality a look astatine what other Buffett has said lately that supports the thought that VOO would beryllium his Vanguard ETF pick.

"In my view, for astir people, I deliberation that the champion happening to bash is bargain ... an S&P 500 scale fund."

Buffett said this astatine Berkshire's 2021 yearly shareholder meeting. His content successful this strategy stems from the acknowledgement that astir radical aren't fiscal marketplace experts -- and that a bulk of the paid professionals can't bushed the large averages consistently. Add successful investors' propensity to bargain precocious and merchantability debased owed to affectional trading, and Buffett's proposition to conscionable bargain the marketplace and fto it turn makes sense.