If you invested in a very low cost index fund - where you don't put the money in at one time, but average in over 10 years -you'll do better than 90% of people who start investing at the same time.
Berkshire Hathaway Annual Meeting, 2004.
![If you invested in a very low cost index fund - where you don't put the money in at one time, but average in over 10 years -you'll do better than 90% of people who start investing at the same time.](http://cdn.myquotes.org/images/warren-buffett/if-you-invested-in-a-very-low-cost-index-fund---where-you-dont-put-the-money-in-at.jpg)