Mullaney Keating & Wright

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BUFFET ON HEDGE FUNDS

In this year’s Berkshire Hathaway annual report, a/k/a Warren Buffet’s annual letter to shareholders, the Oracle of Omaha reports on the results of his bet about the underperformance of hedge funds. After you read WarrenBuffetOnHedgeFunds you should agree that hedge fund investors have very, very few yachts.  Hedge fund managers on the other hand not so much.

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