Your amazing online presence is right this way.

Create your profile
Capture who you are, what you do, and where you're going. All in one place.

FEATURED CONTRIBUTOR

3 Free Investing Lessons From Buffett’s Big Bet

Viewing on Levo:

Only you can see this list

Ten years ago, Warren Buffett challenged any investor to select a fund of hedge funds that would beat the Standard & Poor’s 500 index over the next decade. The billionaire superinvestor’s aim was to prove anew that money invested passively in an index fund can beat actively managed money, after factoring in all the management fees.

The guy who took him up on the bet conceded defeat this spring. That’s a powerful — and free — lesson for individual investors and a reminder that not all the perks go to those who can afford to invest in a hedge fund.

Buffett wagered with investment manager Ted Seides, who selected a fund of hedge funds. Until year-end 2016, Seides’ fund earned an estimated 22% after management fees, compared with 85% for...

Continue reading on www.nerdwallet.com

Make Levo Yours

Levo is the best place to contribute your inspirational thought leadership. Begin elevating the purposeful careers of our community by sharing your insights, data, and stories today.

APPLY TO BE A CONTRIBUTOR