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Buffett bets against hedge fund

Just in case you haven't see this, Warren Buffett has bet some of his own money that a fund of hedge funds cannot beat the S&P index over 10 years. The hedge fund manager has put in the same amount of money. After 10 years, the money will go to a charity of the winner's choosing.
More details here:
http://dealbook.blogs.nytimes.com/2008/06/09/warren-buffetts-hedge-fund-wager/
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