7PS: When you bet against Warren Buffett 💰

by | Dec 1, 2024

Read time: 1 minute, 244 words.

In 2007, Warren Buffett made a bold bet.

He wagered $1 million that an S&P 500 index fund would outperform a portfolio of hedge funds over 10 years.

A small hedge fund took the challenge.

They believed their active strategies could beat the broader market.

Buffett had confidence in his low-cost, passive approach.

👉🏽 Here’s who won the bet

(And how you can try this strategy with your portfolio)

Hope it helps.

-Kabir


Seven Point Sunday – December 1

💼 Portfolio Career

Meet Ronald Read. Janitor, gas station attendant. He quietly amassed $8 million fortune via frugal living & stocks.

⚡️ Productivity

Podbooster – Automates the creation of all the marketing content you need by listening to your episode.

💰 Passive

Neighbor – Rent out extra storage space.

📚 Books

Beaverland: How One Weird Rodent Made America by Leila Philip. Explores the historical significance of beavers in North America, delving into how they’ve shaped landscapes, economies, & cultures.

🎵 Music

Navidad! An Afro-Peruvian Jazz Christmas by Gabriel Alegria Afro-Peruvian Sextet. Infuses classic holiday music with Latin rhythms, bringing a refreshing & joyful twist to traditional tunes. Favorites: “White Christmas” & “The Little Drummer Boy.”

💭 AI Prompt

Can you create a content plan for my 2024 creative projects? Include ideas for promoting new releases, connecting with fans, and growing my audience.

🥣 Gravy

Everything you hear has a pitch (birds chirping, oratory)

How to shine as a panelist

Share with friends, get cool stuff!

Have friends who’d love Seven Point Sunday? Give them your unique referral link (below) & get an awesome reward when they subscribe.

[RH_REFLINK GOES HERE]

Facebook Whatsapp Linkedin Email

PS: You have referred [RH_TOTREF GOES HERE] people so far

Image for Kabir & Sue Sehgal

Kabir & Sue Sehgal

The Monthly Bucket

Monthly children’s book recommendations, teacher guides, recipes, bonus material from Kabir & Sue Sehgal, New York Times bestselling authors of 10 picture books. Join 2k subscribers.

0 Comments