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I read an article as this was winding to a close, and I think (if I recall correctly) that Buffet even admits that the market conditions put him at an advantage over the past 10 years.
I think the fund guy felt that he'd win if the bet were made over the next 10. Of course he thought that when he entered the bet the first time!
If they don't make the bet again, I hope somebody tracks it in another 10 years.
I wonder what "modest means" equals in Warren Buffets' vocabulary.
So is putting money in index funds the most efficient and simplest way to invest?
I love the photo at the end and how the money will go to transitional housing for fosters. Very cool.