Bookmarkte https://www.fool.com/investing/2018/01/03/warren-buffett-just-officially-won-his-million-dol.aspx. “In 2007, Warren Buffett made a …

Bookmarkte https://www.fool.com/investing/2018/01/03/warren-buffett-just-officially-won-his-million-dol.aspx.

In 2007, Warren Buffett made a bet against hedge-fund manager Ted Seides that a simple S&P 500 index fund would outperform a basket of at least five hedge funds over the course of a decade. […] The final results were a 7.1% annualized gain for the S&P 500 index fund (about 99% overall return) versus just 2.2% annualized (about 24% total) for the basket of funds Seides had selected.