Warren Buffet and ETFs

Warren Buffet’s Recommendation: Recently Warren Buffet recommended putting one’s portfolio into ETFs. His reasoning is that most investors trade too much and get into and out of the market at the wrong time given their emotions. Buffet says that ETFs are low fee compared to other money managers.  I would agree, and further, I would add that most investment professionals cannot even beat the market. The opportunity cost of focusing your time and efforts on investing in stocks and then not beating the market is devastating to one’s productivity. Why not focus on ETFs instead? The Turkey ETF might be a great alternative if you want some exposure to Turkey.