CrusaderFrank
Diamond Member
- May 20, 2009
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"Warren Buffett Just Won a $1 Million Bet. In 2007, Warren Buffett bet a million dollars that an index fund would outperform a collection of hedge funds over the course of 10 years. This week he won that bet, but the big winner in the wager is a charity called Girls Inc...Over the course of the bet the S&P 500 index fund returned 7.1% compounded annually, significantly more than the basket of funds selected by an asset manager at Protégé Partners. That basket only returned an average of 2.2%."
Warren Buffett Won a $1 Million Bet, But The Real Winner is Charity
So, rather than assigning the Social Security to the absolute guaranteed to lose purchasing power US bonds, why not allow Social Security to invest in S&P 500 Index?
We should demand it
Warren Buffett Won a $1 Million Bet, But The Real Winner is Charity
So, rather than assigning the Social Security to the absolute guaranteed to lose purchasing power US bonds, why not allow Social Security to invest in S&P 500 Index?
We should demand it
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