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Nir Kaissar

Warren Buffett's Active Lifestyle

Wanting to pay next to nothing is probably unrealistic.

A big day is coming for the faithful followers of the Oracle of Omaha. Warren Buffett’s annual letter is due out on Saturday, and he’s expected to take up the long-simmering debate about active versus passive investing.  

Buffett has a somewhat complicated relationship with that debate. On the one hand, he is the most famous -- and arguably the most successful -- active manager on the planet. On the other, he has said that 90 percent of the money he leaves to his wife when he dies will be invested in Vanguard’s S&P 500 index fund -- the archetypal passive investment.