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Should I follow Warren Buffett's 90/10 investing strategy?

Should I follow Warren Buffett's 90/10 investing strategy?

Finance
I'm in my early 50s, have more than $ 1 million in retirement savings and plan to retire around age 60. I've heard about Warren Buffett's strategy of keeping 90% of one's assets in stocks and 10% in bonds and like the idea of investing my savings that way to earn higher returns. I know my accounts would take a hit if stock prices fall, but I believe I could survive a market downturn. Do you think this is a good strategy for retirees and near retirees?—C.P. Anyone who's followed the strategy of putting 90% of their money in stocks and 10% in bonds that Warren Buffett mentioned in his 2013 letter to Berkshire Hathaway shareholders — would have done very well in recent years. After all, since that missive was released in March 2014, stocks have returned nearly 60%, while the broad taxable bo
Investing lessons from Warren Buffett's $9 billion Oncor 'stumble'

Investing lessons from Warren Buffett's $9 billion Oncor 'stumble'

Finance
Berkshire Hathaway recently made investment headlines with its agreement to purchase the power-transmission company Oncor for $ 9 billion in cash, a would-be coup for the legendary billionaire, as it would have chipped away at Berkshire's bloated cash balance (of nearly $ 100 billion).Disappointment, however, came in the form of Sempra Energy, which swooped in with an offer of $ 9.45 billion. This made headlines, some of which characterized the chain of events as a "stumble" by Buffett, even insinuating that the Oracle of Omaha might be losing his deal-making chops.A recent article in Fortune quotes an equity analyst who argues that Berkshire's loss of two large acquisition opportunities this year "calls into question the effectiveness of their gentleman's agreement acquisition strategy,"...