Warren Buffett famously bet that index tracking would outperform hedge fund returns nine years ago. The S&P 500 index tracker compounded at 85.4%. The best performing fund of hedge funds it was wagered against achieved 62.8%. “When trillions of dollars are managed by Wall Streeters charging high fees, it will usually be the managers who Read more about In A Shift From Active To Passive, An Index Fund Emerges[…]