Special topic: Buffett's 2024 shareholders 'meeting hits heavily

Buffett saidamericangladiatorHe revises his will every three years, and he still advises his wife to allocate 10% of her estate to short-term government bonds and 90% to low-cost S & P 500 index funds.

One questioner wondered whether the current excessive weight of the so-called Magnificent Seven companies in the S & P 500 index would prompt Buffett to consider shifting the allocation to an equally weighted index fund.

But Buffett said his wife doesn't have to worry about whether her portfolio will outperform the S & P 500, given the amount of money in the trust fund.