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A comment on Buffett once bet $1M that he could beat a group of hedge funds over 10 years.

Re:Buffett once bet $1M that he could beat a group of hedge ... by ThrowAway1453 on Sunday January 07, 2024 @10:59PM (#38908088)
I wonder if Buffett could beat proprietary shops like Jane Street, or even super elite algorithmic funds like Renaissance, Millennium Fund, or TGS. There's still alpha to be had.
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Re:Buffett once bet $1M that he could beat a group of hedge ... by lsiq on Sunday January 07, 2024 @11:05PM (#38908139)
Buffett knows the S&P always wins because seignorage ends up in the S&P....
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Re:Buffett once bet $1M that he could beat a group of hedge ... by FredPret on Monday January 08, 2024 @02:59AM (#38909298)
Some of those stay small, because if they grew large they would distort the market and invalidate their strategies.

So it's not really a way to compound a large (Buffett-sized) fortune. He handily beats almost everyone for total amount of dollars gained per year, if not percentage-wise.

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