Commodities influence the investing meaning in diversification. Gold remains near $2,330/oz, attracting conservative money amid geopolitical tensions. So, why did Buffett recommend this fund to investors? Because Buffett believes in the strength of American companies over time, and investing in this S&P 500 index tracker is the ideal way of benefiting from this. MSCI EAFE Index: The MSCI EAFE Index is designed to represent the performance of large and mid-cap securities across 21 developed markets countries around the world, excluding the US and Canada. MSCI World Index: An index that captures large and mid-cap representation across 23 Developed Markets (DM) countries. Passive investing meaning holds strong as ETFs capture $180B in net inflows in H1 2024, underscoring preference for low-cost exposure.