Posts tagged ‘MARKET BENCHMARKS’

Storm Clouds over New York City Skyline

Hedge Funds in the Doldrums

The deflating effects of underperformance and overregulation

Warren Buffet’s wager with Protégé Partners epitomizes the gloom hovering over the hedge fund industry.  In 2008, the Oracle of Omaha bet the New York-based fund-of-funds $1 million that index funds would outperform hedge funds over the next 10 years.