Hedge Funds – Warren Buffett Makes a Million Dollar Bet

Categories:

Warren Buffett

May 13, 2009

For years, Hedge Funds have been the elite investment playground for the super rich. But don’t feel left out if it’s not a sandbox you’re invited to. The real joke might be on the people who buy them. Here’s an interesting article by John Mauldin

The Sage of Omaha made a bet that was written up in a recent Fortune magazine article. Basically, Warren Buffett bet that the S&P 500 would outperform a group of funds of hedge funds over the next ten years. A million dollars to someone’s favorite charity is on the line.

Why would Warren Buffett make a one million dollar bet? Read the Article

About the author

Andrew Hallam

I'm a freelance finance writer, lucky enough to have been nominated as a finalist for two Canadian National Publishing Awards. I'm also the author of Millionaire Teacher: The Nine Rules of Wealth You Should Have Learned in School, a book explaining how I became a millionaire on a teacher's salary, while still in my 30s. Working to empower people financially, I'm available to motivate and inspire people on basic retirement planning and index investing. I'm happy to comment on your questions, first, please read the Terms of Use.

Permanent link to this article: http://andrewhallam.com/2009/05/hedge-funds-warren-buffett-makes-a-million-dollar-bet/

Welcome to My Blog!

andrew_125x125

I'm Andrew Hallam. Many people aren't comfortable talking about money. It's not usually a conversational dinner-time topic, and its principles are rarely taught in schools. My goal is to have a "conversation" about it here, on this blog. If you read something you find intriguing, please comment or ask your questions!

I am also the author of the book, Millionaire Teacher: The Nine Rules of Wealth You Should Have Learned at School

Amazon USA
Amazon Canada
Amazon Kindle

Sign Up For the Newsletter

Commenting for the First Time

Due to comment spam you will be asked to verify your email address when placing a comment for the first time. Please look for an email in your in box and then click the confirmation link. Once confirmed, your comment will be moderated and published shortly thereafter. Furthur comments will be added immediately. Thank you for your patience.