Warren Buffett has been historically outspoken when it comes to index funds. He believes that they are great ways for people to invest their money, and he has communicated that time and time again. He even went as far as betting against hedge fund managers who thought they could outperform the index. Buffett making a case for the index fund speaks volumes when we are talking about an investor who has obliterated the market returns over time with individual stock picking. Today, we will discuss:
1. The performance of the Dow Jones & S&P 500 over time
2. Warren Buffett's bet against hedge funds
3. How hedge funds have performed historically
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