Warren Buffett Wins Big on 2007 S&P 500 Bet

Warren Buffett Wins Big on 2007 S&P 500 Bet
Charles Sykes/Invision/AP, File

In 2007, Warren Buffett challenged finance professionals in the hedge fund industry to accept a bet that Buffett described in his 2016 letter to shareholders of Berkshire-Hathaway

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