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A bit meta but can someone tell me if Warren Buffet is on course to win his bet[0]? It's set to expire next year. [0] http://longbets.org/362/ http://longbets.
by corford 10y ago
A bit meta but can someone tell me if Warren Buffet is on course to win his bet[0]? It's set to expire next year.
[0] http://longbets.org/362/ http://longbets.org/362/
- SyneRyder 10y agoThere was an episode of Planet Money just a couple of months ago that says Buffett is indeed on track to win the bet: http://www.npr.org/2016/03/10/469897691/armed-with-an-index-fund-warren-buffett-is-on-track-to-win-hedge-fund-bet http://www.npr.org/2016/03/10/469897691/armed-with-an-index-...
- kriro 10y agoCAGR of the S&P500 from 1/1/2008 until the end of 2015 was 6.5%. No idea what fund of funds they used but it's probably not going to be trivial to beat that (+whatever 2016 holds) over the time span after fees.
- corford 10y agoThanks guys! :)