Warren Buffett Wins $1 Million Bet That Hedge Funds Are a Rip-Off

Billionaire investor Warren Buffett bet that hedge funds were a bad investment. Ten years later, Buffett’s wager proved that hedge funds earn only one third of what a stock index investment does. NEP’s Bill Black explains the numbers on The Real News Network. You can view here with a transcript.

2 responses to “Warren Buffett Wins $1 Million Bet That Hedge Funds Are a Rip-Off