Hedge Fund Evacuation Due to Handwritten Buffett Note?

Calpers reduces its exposure to hedge funds by 40%. Fund managers all around the country are beginning to ask – who makes the money, the hedge fund manager or the pension fund? Did Warren Buffett’s 12 word note set off a new trend for pension funds by convincing them to reduce their exposure to hedge …

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Buffett Winning $1 Million Bet Against Wall Street

Since the “million-dollar bet” first came into existence five years ago against the Wall Street experts, Warren Buffett is currently in the lead. During the year 2008, the chairman of Berkshire Hathaway made a 10 year long bet with Protegé partner Ted Seides. Warren Buffett put his money in a low-cost S&P stock index fund …

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