Person
Warren Buffett
Investor
Investor who, in 2008, publicly bet that a passive S&P 500 index fund would outperform a portfolio of actively managed hedge funds over ten years — a bet he won, illustrating how loss-aversion-driven active trading tends to underperform passive holding. Referenced, not interviewed, in this episode. See Loss Aversion in Investing.
Discussed in
- Episode 25 — 25- Coronavirus- The psychology behind panic buying