City & County of San Francisco Employees’ Retirement System board member Herb Meiberger has some support from the Oracle of Omaha, Warren Buffett.
ValueWalk's Raul Panganiban interviews JP Lee, Product Managers at VanEck, and discusses the video gaming industry. Q4 2020 hedge fund letters, conferences and more The following is a computer generated transcript and may contain some errors. Interview With VanEck's JP Lee ValueWalk's ValueTalks ·
“I would not go with hedge funds — would prefer index funds,” Buffett scribbled on the letter Meiberger wrote to Buffett, asking what the pension fund should invest in.
H/T PIOnline
See full letter on “Warren Buffett To Pension Fund Trustee: Don’t Invest In Hedge Funds” in PDF format here.
Warren Buffett To Pension Fund Trustee: Don’t Invest In Hedge Funds