RT Journal Article
SR Electronic
T1 Global Asset Allocation in Retirement: <em>Buffett’s</em>
               <br/>
               <em>Advice and a Simple Twist</em>
JF The Journal of Retirement
FD Institutional Investor Journals
SP 54
OP 69
DO 10.3905/jor.2016.4.2.054
VO 4
IS 2
A1 Javier Estrada
YR 2016
UL https://pm-research.com/content/4/2/54.abstract
AB 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