Warren Buffett, of Berkshire Hathaway Inc. (BRK.A) Leading in $1M Bet

Warren Buffett, head of Berkshire Hathaway Inc. (BRK.A), (BRK.B), is winning a bet he made four years ago with hedge funds on their ability to beat the stock market over a decade long period. Buffett said the hedge funds involved would not be able to beat the S&P 500 from January 1st 2008 to December 31st 2017. The bet was made with Protege Partners LLC, a fund of hedge funds based in New York co-founded by Tony Sedaris and Jeffrey Tarrant. The bet sees an index of five funds...