TY - JOUR T1 - Global Asset Allocation in Retirement: <em>Buffett’s</em> <br/> <em>Advice and a Simple Twist</em> JF - The Journal of Retirement SP - 54 LP - 69 DO - 10.3905/jor.2016.4.2.054 VL - 4 IS - 2 AU - Javier Estrada Y1 - 2016/10/31 UR - https://pm-research.com/content/4/2/54.abstract N2 - Warren Buffett has consistently advised investors to follow a simple approach, diversifying broadly and minimizing costs. In fact, he recommended that the trustee who will manage his wife’s bequest stick to a simple 90/10 stock/bond portfolio. Is this a sensible strategy for retirees in general? Can it be tweaked slightly to yield better results? The overall evidence from 21 countries over a 115-year period suggests that the answer to both questions is yes.TOPICS: Retirement, portfolio construction ER -