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Archive for the ‘fortune magazine’ Tag

Buffet Bets $320,000 Long on the S&P and against the Hedge Fund Industry

Tuesday, 10 June 2008, 16:07 | Investing | 0 Comment
by Numan

Fortune magazine published yesterday that “The celebrated investor wagers a tidy sum that even carefully chosen hedge funds won’t return more than the market over time” It looks like an old fashioned show-down. Will the market outperform even a carefully selected collection of hedge funds? Warren Buffet and Protégé Partners LLC, a ...

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