Khosla says he doesn't do much more than write checks now because he's been wrong almost every time about which start-ups he should help with. He thinks he's wo

Khosla says he doesn't do much more than write checks now because he's been wrong almost every time about which start-ups he should help with. He thinks he's working on the next big thing, but it usually flops and a different company in his portfolio is the fund returner. Furthrr, "Expert" Hedge fund managers routinely get smoked by the index. > Seides had already conceded the bet earlier in 2017, due to the huge disparity in performance between his basket of hedge funds and Buffett's S&P 500 index fund. After all, through the end of 2016, the S&P 500 index fund had gained more than 85%, while the average of Seides' five baskets of funds was just 22%. [0] [0] https://www.google.com/amp/s/www.fool.com/amp/investing/2018/01/03/warren-buffett-just-officially-won-his-million-dol.aspx https://www.google.com/amp/s/www.fool.com/amp/investing/2018...