✉news BusinessPersonal Finance first seen 1 d ago, last 1 d ago, peak #35
Buffett's Million-Dollar Index Fund Bet Beats Hedge Funds
Original: Buffett Bet $1 Million That an S&P 500 Fund Would Beat Hedge Funds. He Won by Nearly 5 Points a Year
Warren Buffett's famous $1 million wager has concluded decisively in his favor: a low-cost S&P 500 index fund outperformed a basket of hedge funds by nearly 5 percentage points a year. The bet, made to prove that passive investing beats expensive active management over the long run, has become one of the most cited lessons in personal finance, reinforcing the case for index funds among everyday investors.
Why now: The conclusion of Buffett's decade-long bet is being cited again as a landmark proof that passive index investing beats hedge fund strategies.
Warren BuffettS&P 500hedge funds
Evidence
- Buffett Bet $1 Million That an S&P 500 Fund Would Beat Hedge Funds. He Won by Nearly 5 Points a Year · 24/7 Wall St.
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