In an interesting side note, even Warren Buffet (the manager of Berkshire Hathaway) is a proponent of index funds. He made a $1 million bet in 2008 that and ind

In an interesting side note, even Warren Buffet (the manager of Berkshire Hathaway) is a proponent of index funds. He made a $1 million bet in 2008 that and index fund tracking the S&P 500 could beat a hedge fund portfolio over the next 10 years, which he ended up winning in 2017. Source: https://www.investopedia.com/articles/investing/030916/buffetts-bet-hedge-funds-year-eight-brka-brkb.asp https://www.investopedia.com/articles/investing/030916/buffe...