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What Warren Buffett calls Distributed Investment

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(1)I’m actually 98 percent, 99 percent, or maybe even more investors
(2)I think we need to make diversified investments instead of single hits
(3)An index fund with little transaction cost
(4)That’s how you get part of the U.S. economy
(5)You have to make diversified investments like that, but if you can try harder
(6)If you want to spend time and effort analyzing individual stocks
(7)Then I think diversified investment is a shambles
(8)If you know how to analyze individual stocks, you shouldn’t buy more than six shares
(9)Warren Buffett
(10)Charlie Munger
(11)Monish Fabry

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