Question

In 2007, Ted Seides had heard about a recent meeting between Warren Buffett and a bunch of college students. One of the students had asked Buffett about a wager he had offered a year earlier, that a fund that tracked the US stock market would beat any group of hedge fund managers. Seides took Buffett up on this wager. Eventually, they settled on a million-dollar wager that pitted two opposed investment philosophies against each other: imperious, expensive investment managers against cheap, "passive" funds that blindly buy the entire market. What did Warren Buffett pick in his bet with Ted Seides? An Index Fund Five fund-of-hedge-funds 10 hedge funds 10 individual stocks

          In 2007, Ted Seides had heard about a recent meeting between Warren Buffett and a bunch of college students. One of the students had asked Buffett about a wager he had offered a year earlier, that a fund that tracked the US stock market would beat any group of hedge fund managers. Seides took Buffett up on this wager. Eventually, they settled on a million-dollar wager that pitted two opposed investment philosophies against each other: imperious, expensive investment managers against cheap, "passive" funds that blindly buy the entire market. What did Warren Buffett pick in his bet with Ted Seides?
An Index Fund
Five fund-of-hedge-funds
10 hedge funds
10 individual stocks

in 2007 ted seides had heard about a recent meeting between warren buffett and a bunch of college students one of the students had asked buffett about a wager he had offered a year earlier t 66987

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