The recent bet made between Warren Buffet and Protégé Partners, a New York based hedge fund manager raises an interesting quandary for investors. For those readers not converse with the wager let us explain.
The bet is straightforward. Protégé has chosen five funds of hedge funds, and these funds must return more than the S&P 500 over the 10 years beginning January of 2008. Buffet and Protégé each put $320,000 into 10-year zero-coupon Treasury bonds that will be worth $1 million in 10 years.
Continuing on from our non-traditional theme we recommend investors consider the Warrior II fund from Thames River. The junior sibling of the original Warrior fund uses an almost identical strategy to produce consistent results over the long term. The fund manager considers themes depending on market conditions and then identifies...
THE City had been expecting a rise in British inflation when official figures were released on Tuesday June 17th, but the increase was bigger than anticipated.
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Sherlock Holmes, the pipe-smoking Victorian super-sleuth with a penchant for cocaine, is to become the subject of a face-off by two Hollywood studios which are both bringing out films about Sir Arthur Conan Doyle`s literary hero...
Fine food sings on the palate, but pairing it with the right wine creates a chorus. Among those in the know, the plum, chocolate and spice flavours of Cabernet Sauvignons, Merlots, Pinot Noirs and Sangioveses best accentuate the rich flavours of red meats.
PSA Peugeot Citroën and Mitsubishi are due to announce an agreement to co-operate on powertrains for electric cars. The French and Japanese carmakers will sign a letter of intent...
The value of prime central London property fell by 5.5% in the second quarter of 2008. This follows two quarters of less severe falls, bringing the total fall since the peak of summer of 2007 to 9.0%.
WIMBLEDON, England — Crack! went one racket as Radek Stepanek slammed it against a chair Saturday evening. Crack! went a second racket a few moments later.
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Of sommeliers and stomachs The Volcker Myth Sherlock Holmes and the case of the Hollywood duel Prime central London takes a reality check
