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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

Comments

Gordo

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!

oldprof

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.

Jeff

danf

Jeff,
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.
Dan

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