Is that What He Said

[Dividend Mantra]

Warren Buffett has often been adamant that most retail investors are better off averaging into a few index funds and forgetting about them. In fact, he has a bet going on with a hedge fund of funds that they can't beat a classic index fund over a 10-year time frame. I believe that Buffett is currently winning that bet, but it's not over yet.

I tend to agree with him. Most people don't have the time or interest necessary to value companies, manage a sizable portfolio, keep tabs on dividend growth, listen in on conference calls, check annual reports, etc.