Why Warren Buffett is Half-Right about Passive Investing
By Robert Bacarella | July 25, 2018 Warren Buffett won his million-dollar 10-year charitable wager that passive would outperform active, as he highlighted in his shareholder letter this spring. In a nutshell, Buffett and a fund of hedge funds called Protégé Partners entered a charitable wager about whether a selection of five funds-of-funds would outperform the S&P 500 Index [...]