Warren Buffett Lost Ground In Million-Dollar Hedge Fund Bet In 2015 by Carol J. Loomis, Fortune
In 2015, the Berkshire CEO’s commanding lead in a 10-year market wager was cut oh-so-slightly
Results are in for 2015, the eighth year of the 10-year Million-Dollar Bet, and for once—but don’t get too excited—there’s something mildly positive to say about the hedge fund side.
Recall the bet first: It’s between Berkshire Hathaway CEO Warren Buffett and a money management firm, Protege Partners. Buffett is betting (with his own money, not Berkshire’s) that the stock market performance of a big index fund can...
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