Ten years ago legendary investor Warren Buffett made a $1 million bet with a hedge fund manager, Ted Seides of New York based Protégé Partners. Mr. Buffett wagered that a group of Mr. Seides’ hedge funds would underperform a low-cost S&P 500 index fund over the next 10 years. Though the term of the bet […]
Sept. 2017 – Omaha and Chicago vs. New York Read More »
The term “globalization” can stir emotions. Free international trade and the free flow of labor and capital across borders are increasingly in the news, and there is no shortage of opinion regarding appropriate policy. Our parent organization, the American Institute for Economic Research (AIER), has generally viewed restrictions on trade and on capital and labor
Aug. 2017 – Globalization: The Investor’s Friend Read More »
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