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The Embarrassing Side Of Buffett’s Million-Dollar Bet

TedTed
in Fund Discussions
FYI: I think I could beat Warren Buffett in a footrace. I might even beat him in a burger-eating contest. But if he issued an investment challenge, I would turn my tail and run. By now, you’ve probably heard that the Oracle of Omaha won the so-called million-dollar bet against Ted Seides, a co-manager of Protégé Partners.
Regards,
Ted
https://assetbuilder.com/knowledge-center/articles/the-embarrassing-side-of-buffetts-million-dollar-bet

Comments

  • bartab
    He could have picked PONDX/PIMIX or PRWCX and won the million.
  • hank
    edited January 2018
    What’s the virtue of a 10 year period? Seems too short on which to base any financial theory or lesson. But, over 100 years, Yup - the low cost passive fund should win out.
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