Warren Buffett Summarizes Investment Lessons from Winning His 10-year Bet that a Passive S&P 500 Index Fund Would Out-Perform Actively Managed Hedge Funds

From a new blog by :

“In Warren Buffett’s 2017 annual letter to shareholders, released on Saturday, he discussed the ten-year bet he made in 2007 that an unmanaged, low-cost S&P-500 index fund would out-perform an actively managed group of high-cost hedge funds over a ten-year period from 2008 to 2017, when performance is measured on a basis net of fees, costs, and all expenses. See posts herehere and here for past coverage of Buffett’s famous bet.”




Posted by at 6:17 AM

Labels: Economic Forecast, Macro Demystified


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