2min chapter

Masters in Business cover image

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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