[00:59:19] Buffett: you know, the best thing to do if you want to invest for the long term
[00:59:35] Charlie: is index
[00:59:36] Buffett: and it’s the S&P 500 index. And what’s happened, of course, is that organizations like to grow. So they set up indexes on different industries and different countries. And as soon as you do that, you’re violating basically what Jack Bogle said. He says, you don’t know enough to pick the right businesses, which means, you know, don’t know enough to pick the right countries, right. You know, enough. @喝牛二的战总