http://money.cnn.com/2008/06/04/news/newsmakers/buffett_bet.fortune/index.htm
Warren Buffet made a $1 million bet that the S&P 500 will have a higher return than a fund of funds picked by hedge fund manager Protege Partners. We won't know for 10 years what the outcome will be, but if you're like me you believe that an actively managed portfolio will beat an index fund especially during economic downturns like we are having now that give investors who short stock an advantage.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment