Billionaire Warren Buffett's argument that high fees hurt investors is getting stronger because his chosen S&P 500 stock index fund is now outperforming a collection of hedge funds in a 10-year bet.
January 24, 2013 at 12:00 AM
1 minute read
Billionaire Warren Buffett’s argument that high fees hurt investors is getting stronger because his chosen S&P 500 stock index fund is now outperforming a collection of hedge funds in a 10-year bet.
Buffett did not immediately respond Thursday. He made the wager in 2008 with the money managers who own Protege Partners.
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