Editor's Note: This story originally appeared on NewRetirement. On Dec. 19, 2007, Warren Buffett, chairman of Berkshire Hathaway and one of the richest men in the world, made a bet with hedge fund investor Ted Seides that an S&P 500 index fund invested for 10 years would outperform an actively managed fund over those 10 years. Without going into the details of how the contest was structured (he…
Kristin Kurens
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