Warren Buffett, head of Berkshire Hathaway Inc. (BRK.A), (BRK.B), is winning a bet he made four years ago with hedge funds on their ability to beat the stock market over a decade long period. Buffett said the hedge funds involved would not be able to beat the S&P 500 from January 1st 2008 to December 31st 2017. The bet was made with Protege Partners LLC, a fund of hedge funds based in New York co-founded by Tony Sedaris and Jeffrey Tarrant. The bet sees an index of five funds investing in hedge funds pitted against a fund investing in the S&P…
This content is exclusively for paying members of Hedge Fund Alpha
Insider Strategies and Letters to Shareholders from the Top Hedge Funds and Maximize Your Portfolio Growth with Hedge Fund Alpha
Don’t have an account?
Subscribe now and get 7 days free!
