Buffett knows what he's doing. And we all know that the wast majority of managed funds perform worse then index funds.
And Buffett did not bet on any one hedge fund, which might actually outperform. He has bet on an index of them! And not over a short time period, where again, they could outperform. But over 10 years!
Buffett knows what he's doing. And we all know that the wast majority of managed funds perform worse then index funds.
And Buffett did not bet on any one hedge fund, which might actually outperform. He has bet on an index of them! And not over a short time period, where again, they could outperform. But over 10 years!
I would be SHOCKED if Buffett loses this bet.