An Interest In:
Web News this Week
- March 20, 2024
- March 19, 2024
- March 18, 2024
- March 17, 2024
- March 16, 2024
- March 15, 2024
- March 14, 2024
September 18, 2017 09:09 am PDT
Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/_S4D1GMfHxM/mediocritocracy.html
Hedge fund manager fails to beat the market, owes Warren Buffett a million bucks
Ten years ago, Warren Buffett bet celebrated hedge fund manager Ted Seides of Protg Partners that an investment in a low-cost S&P 500 index fund would outperform an investment in Seides's "fund-of-funds," a basked of five funds managed by his firm. (more…)
Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/_S4D1GMfHxM/mediocritocracy.html
Share this article:
Tweet
View Full Article