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Support Long-term ThinkingThis year, Warren Buffett won his multi-million dollar, decade-long Long Bet. From the preacher warning that the day of reckoning is nigh, to the sports analyst prognosticating about the outcome of next week’s big game, to the fortune teller calling for hard times in Mercury retrograde, predictions are pervasive, but accountability is rare. That the vast majority of predictions… Read More
SAN FRANCISCO, CA. February 9, 02018.* The Long Now Foundation today announced that it has arrived at a decision for Long Bets #362, popularly known as the “Million Dollar Buffett Bet,” between Warren Buffett and Protégé Partners LLC. Warren Buffett has won the bet, and by a significant margin. In the bet, Warren Buffett predicted that… Read More
In 02008, Warren Buffett placed a Long Bet that will take until 02017 to resolve. He predicted that for those ten years, “the S & P 500 will outperform a portfolio of funds of hedge funds, when performance is measured on a basis net of fees, costs and expenses.” Below is a summary of how things went… Read More
In 02008, Warren Buffet placed a Long Bet that will take until 02017 to resolve. He predicted that for those ten years, “the S & P 500 will outperform a portfolio of funds of hedge funds, when performance is measured on a basis net of fees, costs and expenses.” Below is a summary of how… Read More
In 02008, Warren Buffet placed a Long Bet that will take until 02017 to resolve. He predicted that for those ten years, “the S & P 500 will outperform a portfolio of funds of hedge funds, when performance is measured on a basis net of fees, costs and expenses.“ Below is a summary of how… Read More
The second year’s results on Buffett’s Million Dollar Long Bet are in. Article from Fortune Magazine below: By Carol J. Loomis, senior editor-at-large. April 27, 2010: 9:34 AM ET (Fortune) — Unaudited results are in for the second year of “Buffett’s Big Bet” — Warren Buffett’s 2008 wager against Protégé Partners that a low-fee index… Read More
In 02008, Warren Buffet placed a Long Bet that will take until 02017 to resolve. He predicted that for those ten years, “the S & P 500 will outperform a portfolio of funds of hedge funds, when performance is measured on a basis net of fees, costs and expenses.” Below is a summary of how things went… Read More
It took a while to get all the numbers crunched, but the first year’s results from the Long Bet with the highest prize are in. Over a year ago Warren Buffet challenged the managers of several funds-of-funds to outperform the S&P 500 over a 10 year period. A one million dollar charitable donation is on… Read More
Warren Buffett recently bet an ambitious hedge fund operator $1 million that they won’t beat the returns of S&P 500 after their extremely hefty fees are accounted for. Buffett claims investors will do as well with a no-load index fund over the ten years of the bet. He has long been critical of the performance… Read More
Current Status: (updated Jan 02017) Presently our active and fully funded projects are building the monument scale 10,000 Year Clock, the PanLex project, The Interval, and the Seminar series. The monthly Seminar series hosted by Stewart Brand is our most successful outreach project to date, and is listened to or viewed by over a hundred… Read More