“Over a ten-year period commencing on January 1, 2008, and ending on December 31, 2017, the S & P 500 will outperform a portfolio of funds of hedge funds, when performance is measured on a basis net of fees, costs and expenses.”

Posted on July 5, 2008 by Chris F. Masse

THE ONE MILLION DOLLAR BET. — “Both parties of this bet have agreed upon an adjudication methodology that has been approved by Long Bets. They have asked that it be kept confidential.” :(

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About Chris F. Masse

Founder and President of Midas Oracle
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4 Responses to “Over a ten-year period commencing on January 1, 2008, and ending on December 31, 2017, the S & P 500 will outperform a portfolio of funds of hedge funds, when performance is measured on a basis net of fees, costs and expenses.”

  1. Medemi says:
    July 5, 2008 at 4:16 PM

    I’m with Buffett. Hedge funds were late to start with. My guess is they will still be doing their stuff when market conditions have changed. Why people keep looking at the past when predictions are about the future is beyond me.
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    Just tell me if I talk too much, Chris. :-)

  2. Chris F. Masse says:
    July 5, 2008 at 6:13 PM

    @Medemi: “ust tell me if I talk too much, Chris.”
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    It’s not a problem if there are many comments on a webpage, or if one commenter publishes many comments.
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    Such would not be the case for “posts”. “Posts” are different than “comments”.

  3. Medemi says:
    July 5, 2008 at 6:27 PM

    Okay. I don’t have any intention of becoming a publisher. You do all that for us.
    I read about how Midas Oracle is such a great resource of information, and as someone who prefers some interaction, I wasn’t hoping I would be getting in people’s way. If we can have a mix, that would be great.

  4. Medemi says:
    October 6, 2008 at 4:30 PM

    3 months later, and guess who will win the bet ? :-)

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