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

Buffett said he changes his will every three years, and he still recommends that his wife pay 10%coinmaster60spinof the estate will be allocated to short-term government bonds and 90% will be allocated to low-cost government bondscoinmaster60spinStandard & Poor's 500 Index Fund.

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.