1. Hedge Fund

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    2. Warren Buffett Has Won his $1 Million Bet Against the Hedge Fund Industry

      Warren Buffett Has Won his $1 Million Bet Against the Hedge Fund Industry
      In 2007, Warren Buffett entered a million-dollar bet with fund manager Protg Partners that the SP 500 would beat a basket of hedge funds over the next decade. His SP 500 index fund compounded a 7.1% annual gain over 10 years, beating an average increase of 2.2% by the basket of funds selected byProtgPartners. The prize money will go to Girls Inc. of Omaha. Buffett took issue with ...
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  2. Quotes about Hedge Fund

    1. It's not ideal to have the son running a hedge fund where one of the largest holdings is dad's public company.
      In This Activist Investor Is Pretty Passive With His Dad's Company - Bloomberg
    2. Hedge fund-like gambling should not be permitted in the banking space.
      In Wall Street Hates the Volcker Rule. Will Trump Finally Kill It?
    3. Hedge fund assets, now at $3 trillion globally, are the largest part of the alternative asset management industry.
      In Private Equity Firms Keep Striving to do Anything but Private Equity