Warren Buffett made 12 predictions about cryptocurrency, table tennis, and even his own death.
"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 — more than 200 of them — when performance is measured on a basis net of fees, costs and expenses," Buffett predicted., a website for making long-term wagers and nominating charities to receive the winnings.
The Sage of Omaha won the bet. The S&P 500 returned an average of 8.5% between 2008 and 2017, while the average return of the five funds it was up against was less than 3%.
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