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I’m 2006, Warren Buffett challenged the Hedge Fund industry. 
He publicly stated that...
Over a period of ten years, an S&P 500 index fund would outperform a collection of hedge funds.
He also stated he would bet...
$1 million dollars
He publicly stated that...
Over a period of ten years, an S&P 500 index fund would outperform a collection of hedge funds.
He also stated he would bet...
$1 million dollars
Ted Seidis of Protege Partners accepted the bet.
Ted created a diversified basket of hedge funds...
With five different strategies (quant-trading, long-short, macro, etc.)
Ted was confident they would easily beat the S&P 500 index.
Ted created a diversified basket of hedge funds...
With five different strategies (quant-trading, long-short, macro, etc.)
Ted was confident they would easily beat the S&P 500 index.
Here are the 10 year total returns
Mind-blowing, right? 
The top hedge funds in the world...
With the brightest minds in finance
Along with hundreds of analysts and traders, couldn’t outperform the S&P 500 index.
Do you still think that you can do it?
The top hedge funds in the world...
With the brightest minds in finance
Along with hundreds of analysts and traders, couldn’t outperform the S&P 500 index.
Do you still think that you can do it?
Here are three key takeaways from this $1M bet:
It is extremely tough to outperform the market
High trading activity is costly & diminishes your REAL returns
Passive investing is the best option for the majority of investors
Hope that helps!
It is extremely tough to outperform the market High trading activity is costly & diminishes your REAL returns Passive investing is the best option for the majority of investorsHope that helps!
