Warren Buffett, one of the most successful investors in the world, is renowned for his unique approach to the stock market. So, even when Buffett's advice to young investors seems

Russell Hackmann, president at Hackmann Wealth Partners, spoke with Quartz for the latest installment of our “Smart Investing” video series.

While your investing choices are personal, there's one option that comes highly recommended by billionaire investor Warren Buffett: The S&P 500 index fund. Here's why it's such a fantastic investment,

Berkshire Hathaway was a net seller of $127 billion of stocks this year, including Apple and Bank of America. That brings its equity portfolio down to $300 billion and nearly doubles its cash position to a record $311 billion.

Warren Buffett sold more stock than he bought for Berkshire Hathaway's equity portfolio for the eighth straight quarter. He also stopped buying one of his favorite stocks last quarter. That left Buffett with a mountain of cash and a clear warning for investors about current market valuations.

Warren Buffett’s Berkshire Hathaway sold a record $97.1 billion in stocks during the first half of 2024. The company only bought $4.3 billion in stocks during the same period. This resulted in net stock sales of $93 billion,

Interestingly, while many investors avidly track which stocks Buffett buys and sells, they often ignore one of his most prudent recommendations. "In my view, for most people, the best thing to do is to own the S&P 500 index fund,