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Would you like to make a bet on longbets? I'm game.
by dsacco 9y ago
Would you like to make a bet on longbets? I'm game.
- gmarx 9y agoOk stranger on the internet :). How about this. You pick 20 hedge funds. If over the next 20 years they return more to investors after fees and such than the Vanguard S&P 500 Admiral fund you win, otherwise I do? I'd even let you change your list Jan. 1st of each year as long as we agree that any hedge fund found to be a fraud of some kind counts as a zero in your sum. This is actually a pretty good bet for you given how poorly one would expect stocks to perform over the next 10 years