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« ETF Update: A Nugget of KOL Defies Shrinking ETF Breadth | Main | Financial Advisors and Individual Investors: Please help »

June 09, 2008



When will we get an update on the bet? I'm dying to know how the fund of hedge funds did in the first year!


Dan - both sides of the bet had to post $320,000, so $640,000 total. It is designed to avoid annual taxes, before going to charity.

I am just going by the terms cited in the article. It is a bit over 4.5% compound annual growth.

Thanks for your comment.



This is a derivative comment but is it true?
If I put $320,000 in zero coupon bonds would it really be worth $1 million in ten years?
Would I have to pay taxes as it went up in value?
Tripling my investment in 10 years seems like a good deal.

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