Buffett wins $1m hedge fund performance bet
Donates proceeds to charity
Berkshire Hathaway CEO and chairman Warren Buffett
Warren Buffett has won a decade-long $1m bet that a basket of selected hedge funds would fail to outperform the S&P 500 index over a ten-year period.
The CEO and chairman of Berkshire Hathaway, who made the bet with Protégé Partners in 2007, has donated his winnings to Girls Inc of Omaha, Nebraska, a non-profit organisation empowering young women, which...
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