Hedging Your Bets 2008Hedging Your Bets 2008
Active versus passive? That's an old battle. But the stakes have recently been raised: Can the S&P 500 beat a portfolio of funds of hedge funds? Warren Buffet says yes, when performance is measured net of fees, costs and expenses, and he's putting $1 million on that wager. His challenger: Prot Partners, which is, well, a hedge fund of funds. Check out longbets.org for more.
July 1, 2008
Kristen French
Active versus passive? That's an old battle. But the stakes have recently been raised: Can the S&P 500 beat a portfolio of funds of hedge funds? Warren Buffet says yes, when performance is measured net of fees, costs and expenses, and he's putting $1 million on that wager. His challenger: Protégé Partners, which is, well, a hedge fund of funds. Check out longbets.org for more.
