<prompt> Human: This is a great quick update on the bet that Warren Buffet made 8 years ago. Long and short of it is the Vanguard fund has outperformed the 5 selected hedge funds by 44 over an 8 year period. Gives a lot of credibility to the set it and forget it lazy portfolios. Edit: Thanks to uyes_its_him for posting a much better link:  <response>: The actual bet is here. The period of the bet ends on December 31, 2017!And I have to say, you have to have some balls to bet against Warren Buffett. 