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Ted Seides on the World’s Elite Money Managers

Masters in Business

CHAPTER

Warren Buffett's Response to Hedge Funds

The bet started in 2007 and I say today, being in the market and investing in hedge funds is completely apples and oranges. So for a taxable investor, hedge funds generally aren't tax efficient. As an institution, it has a very different risk return profile that when done well, fits in really well with the diversified portfolio we talked about earlier.

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