3min chapter

Masters in Business cover image

Ted Seides on the World’s Elite Money Managers

Masters in Business

CHAPTER

The Evolution of the Buffett Bet

The hedge fund index tends to be equal weighted. The experience of investors is asset weighted by definition, he says. If you're not in one of the better alternatives, what are you paying for? "I think that's the underlying side of the Buffett bet with all the coiness and all his gamesmanship"

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