... and the S&P 500 did go down from that high. Within a year after the bet was made, the S&P 500 crashed, dropping 50% of its value. But the S&P 500 still mo

... and the S&P 500 did go down from that high. Within a year after the bet was made, the S&P 500 crashed, dropping 50% of its value. But the S&P 500 still more than made up the returns to beat the hedge fund.