Hedge Funds – Warren Buffett Makes a Million Dollar Bet

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





Andrew Hallam

I’m a financial columnist for Canada’s national paper, The Globe and Mail, as well as for AssetBuilder, a financial service firm based in Texas. I’m also the author of Millionaire Teacher: The Nine Rules of Wealth You Should Have Learned in School (2nd Ed. Wiley 2017) and The Global Expatriate’s Guide To Investing: From Millionaire Teacher to Millionaire Expat (Wiley 2015). My mission is to educate, motivate and inspire people on basic retirement planning and best practices for investing, using evidence-based strategies. I’m happy to comment on your questions. However, please read the Terms of Use, Privacy Policy and the Comments Policy.

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