The Money Mustache Community

Learning, Sharing, and Teaching => Investor Alley => Topic started by: frugledoc on February 21, 2016, 11:27:56 AM

Title: Buffett's chosen index fund still beating hedge funds in bet
Post by: frugledoc on February 21, 2016, 11:27:56 AM

https://finance.yahoo.com/news/buffetts-chosen-index-fund-still-213705466.html

of course, there are a few spectacular investors on this forum who are smarter than hedge funds and have found a unique system to beat the market.   

Title: Re: Buffett's chosen index fund still beating hedge funds in bet
Post by: meghan88 on February 21, 2016, 06:36:07 PM

So, exactly which Vanguard fund is it?  I can't seem to find the ticker symbol in any of the articles.

Title: Re: Buffett's chosen index fund still beating hedge funds in bet
Post by: turketron on February 21, 2016, 08:23:54 PM

"Vanguard S&P 500 Admiral index fund," so probably VFIAX?

Title: Re: Buffett's chosen index fund still beating hedge funds in bet
Post by: Rustycage on February 21, 2016, 08:29:54 PM

Hedge funds are in the business of fee collecting not investing for the benefit of investors :)

Title: Re: Buffett's chosen index fund still beating hedge funds in bet
Post by: frugledoc on February 22, 2016, 12:43:47 AM

Quote from: turketron on February 21, 2016, 08:23:54 PM

"Vanguard S&P 500 Admiral index fund," so probably VFIAX?

Yes it was the vanguard sp 500 index

Title: Re: Buffett's chosen index fund still beating hedge funds in bet
Post by: YoungInvestor on February 22, 2016, 06:08:51 AM

You're comparing something likely close to 2%+20% of profits to an index fund.

Whether that's a proxy for value investors in general is still open for discussion