Posts Tagged ‘passive investment management’

A hedge fund investor, Ted Seides, made a $1M bet with Warren Buffett 10 years ago that the S&P 500 wouldn’t outperform a group of hedge funds.  The bet was recently settled – Seides lost.  The bet proceeds were paid to Girls, Inc. (Buffett’s chosen charity). Although Buffett has made his legacy as a stock picker,…