Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:With Five Years Left of Buffett's Bet, Indexing Beats Hedge Funds of Funds Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, December 11, 2013

With Five Years Left of Buffett's Bet, Indexing Beats Hedge Funds of Funds

News summary by MFWire's editors

With only five years left, it looks like the indexing mutual fund side of a famous bet is going to be out the hedge fund side. So the shadow of index funds isn't just tormenting active mutual fund shops.

In his latest column, Morningstar's John Rekenthaler highlights the halfway results of a bet famed investor Warren Buffett made with hedge fund shop Protege Partners in late 2007. Buffett bet $1 million (to be paid to charity by the loser) that the Vanguard 500 Index Fund [profile] would outperform a portfolio of five hedge funds of funds (HFOFs) picked by Protege. And though the decade-long bet is far from over, it looks like Buffett is way ahead.

"It's likely that Buffett's portfolio is now 30 percentage points ahead of the competition," Rekenthaler writes.

For more on the bet, read Rekenthaler's full column

Edited by: Neil Anderson, Managing Editor


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use