Warren Buffett wins a million dollar bet, suggests HODL


In 2007, right before the housing crisis, Warren Buffett has made a bet with Wall St fund managers that S&P500 is going to yield better returns over a decade compared to actively managed hedge funds. The details of the bet can be found in his 2016 shareholder letter:

This is a companion discussion topic for the original entry at http://rados.io/warren-buffett-wins-a-million-dollar-bet-suggests-hodl/