Would you bet a million dollars that an index would outperform professional hedge funds over 10 years.
01 Nov 2023, 13:59
Would you bet a million dollars that an index would outperform professional hedge funds over 10 years?
In 2008, Warren Buffet did just that.
He bet $1M that doing nothing and buying an index would beat a basket of hedge funds' returns over a decade.
Here's what happened: