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Warren Buffet and Protégé Partners laid out opposing theses in 2008, with Buffet proposing that a passive strategy provides better returns than hedge-fund management. Buffet's Winning Investment Strategy MFP Wealth Management

Buffett and Protégé Partners wagered a bet in 2008, agreeing the loser would give a charity of the winner’s choice $1 million based on whose strategy provided better returns over the course of a decade.

It’s no surprise to me that the hedge fund managers lost their bet! Take a look at this interesting article I think you might enjoy: read the article here.

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