What is stopping one from copying Charlie Munger and Warren Buffet’s positions instead of DCA into ETFS?


Charlie Munger and Warren Buffet are two of the most legendary investors of all time. Their positions also happen to be public since they have to file a 13F every quarter because their funds are huge.

For LT Investors, why invest in SPY or QQQ if you can individually pick the same stocks as the legends?


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