According to this story at Fortune.com, Warren Buffett recently entered into a friendly wager with hedge fund-of-funds manager Protege Partners which is based in New York. Each party has put up approximately $320,000 to buy a 10 year zero coupon Treasury bond that will be worth $1 million when it matures in 10 years.
Warren Buffett Bets Against Hedge Funds
Warren Buffett Bets Against Hedge Funds
Warren Buffett Bets Against Hedge Funds
According to this story at Fortune.com, Warren Buffett recently entered into a friendly wager with hedge fund-of-funds manager Protege Partners which is based in New York. Each party has put up approximately $320,000 to buy a 10 year zero coupon Treasury bond that will be worth $1 million when it matures in 10 years.