legendary investor warren buffett calls investing a simple game that financial advisors have convinced the public is harder than it really is speaking at saturdays berkshire hathaway annual shareholders meeting buffett slammed wall street financial advisors for catching the crumbs that fall off the table of capitalism and said that in most cases monkeys could provide better investment returns simply by throwing money at american companies you can have monkeys throwing darts at the page and you know take away the management fees and everything ill bet on the monkeys over the advisors he said buffett pointed out how since 1941 the dow jones industrial average has increased from 100 to more than 30000 and said that most people need only put their money into an american business and let it grow its amazing how hard people make what is a simple game buffett said of advisors but of course if they told everybody what a simple game it was 90 of the income of the people that were speaking would disappear buffett has long recommended that investors put their money in lowcost index funds which hold every stock in an index making them automatically diversified the sp 500 for example includes bigname companies like apple cocacola and amazon buffett previously told cnbc that for people looking to build their retirement savings diversified index funds make the most sense practically all of the time consistently buy an sp 500 lowcost index fund buffett said in 2017 keep buying it through thick and thin and especially through thin sign up now get smarter about your money and career with our weekly newsletter dont miss warren buffett wouldnt buy all of the bitcoin in the world for 25 it doesnt produce anything