In 2008, Warren Buffett and a money management firm (Protege Partners) made a million-dollar bet. Warren Buffett bet that a passive, low-fee mutual fund of his choosing could outperform an actively managed investment portfolio by a team of financial wizards. Buffett picked a boring S&P 500 index fund, like this video recommends. Protege Partners chose a “portfolio of funds of hedge funds.” While the bet doesn’t conclude until 2018, who do you think is on track to win?