"The best way in my view is to just buy a low-cost index fund and keep buying it regularly over time, because you'll be buying into a wonderful industry, which in effect is all of American industry... People ought to sit back and relax and keep accumulating over time."

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Source: CNBC Exclusive: Liz Claman Interviews Warren Buffett, Berkshire Hathaway Chairman & CEO, Live at the Company's Annual Shareholder's Meeting in Omaha, Nebraska on Squawk on the Street. Squawk On The Street with Liz Claman, www.cnbc.com. May 7, 2007.

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Warren Buffett

Investor, Businessman

Warren Buffett is a renowned investor and philanthropist known for his value investing philosophy and leadership at Berkshire Hathaway.

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