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Warren Buffett Destroys Investment Fund Managers & Winning $1 Million Bet Index Funds Beat Them

By VW Staff. Originally published at ValueWalk.

Warren Buffett is an American investor, businessman and philanthropist. He is regarded as one of the world’s greatest stock market investors, and is the largest shareholder and CEO of Berkshire Hathaway. He bet against Protege Partners, LLC the following: Over a ten-year period commencing on January 1, 2008, and ending on December 31, 2017, the S&P 500 will outperform a portfolio of funds of hedge funds, when performance is measured on a basis net of fees, costs and expenses. The bet may be viewed here http://longbets.org/user/buffett/

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Warren Buffett

Warren Buffett Destroys Investment Fund Managers & Winning $1 Million Bet Index Funds Beat Them

Berkshire Hathaway B shares Warren Buffett
By Mark Hirschey (Work of Mark Hirschey) [CC BY-SA 2.0], via Wikimedia Commons

The post Warren Buffett Destroys Investment Fund Managers & Winning $1 Million Bet Index Funds Beat Them appeared first on ValueWalk.

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