Originally Posted by
Excargodog
Nope I pretty much do index-500 funds. No crystal ball needed.
https://money.cnn.com/2018/02/24/investing/warren-buffett-annual-letter-hedge-fund-betWarren Buffett took a $1 million wager that stashing money in an index fund would make you richer than if you entrusted it with hedge fund managers.
His pick, the S&P 500 (
OEX), gained 125.8% over ten years. The five hedge funds, picked by a firm called Protégé Partners, added an average of about 36%. The names of the funds were not disclosed. The hedge funds "got off to a fast start, each beating the index fund in 2008. Then the roof fell in," Buffett said. The S&P 500 won every year after.
It’s tough to beat the market