
- Warren Buffett's surprise announcement Saturday that he plans to step down later this year as Berkshire Hathaway's CEO has renewed focus on his legacy and influence. While he has a devoted following that pores over his stock moves, Buffett has long maintained that average investors shouldn't pick stocks and instead just park their money in an S&P 500 index fund.
Legendary investor Warren Buffett has a devoted following that closely tracks his stock moves, but he has consistently urged most people to do as he says and not as he does.